How critical is the takeover of Elmos?

After the debate is before the debate: The next stake by a Chinese investor in Germany already sparks debates. According to reports, the government wants to approve the acquisition of a factory owned by Dortmund chip manufacturer Elmos. Since the Ukraine invasion and Cosco’s entry, deals that previously would have flown under the radar are now attracting public interest.

Just a few days after the decision on Cosco’s stake in a Hamburg port, another potential takeover with Chinese participation sparked a new debate. This time, it is about a plant owned by the Dortmund-based semiconductor manufacturer Elmos. Back in December of last year, the company announced it would cede wafer manufacturing to Swedish-Chinese competitor Silex Microsystems. The government wants to approve the takeover, Handelsblatt reported on Thursday, citing government sources in Berlin. The Elmos takeover requires government approval.

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