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☆ German firms to receive 4 bln euros through EU microelectronics push
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +1 min

BERLIN, June 8 (Reuters) - Over 30 microelectronics projects in Germany will receive about 4 billion euros ($4.29 billion) in funding after the European Commission approved a support scheme for such technologies, the German Economy Ministry said on Thursday. "The 31 microelectronics projects from 11 federal states strengthen Germany as a microelectronics location across the board and are an important industrial policy milestone," said Economy Minister Robert Habeck. A document provided by the German economy ministry showed Infineon (IFXGn.DE), Elmos Semiconductor (ELGG.DE) and Robert Bosch [RIC:RIC:ROBG.UL] among the companies to receive funds. The economy ministry did not immediately respond to an emailed request for comment on the report. ($1 = 0.9316 euros)Reporting by Miranda Murray Writing by Rachel More Editing by Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.

Persons: Robert Habeck, Robert Bosch, Habeck, Miranda Murray, Rachel More, Madeline Chambers Organizations: European Commission, German Economy Ministry, European, Infineon, Elmos Semiconductor, Thomson Locations: BERLIN, Germany, German, Hamburg, Netherlands

Hong Kong CNN —Europe’s biggest producer of advanced chipmaking technology has joined the United States in its escalating standoff with China. Japan has also been involved in three-way discussions with the Netherlands and the United States, a source familiar with the talks told CNN. China said Thursday it “firmly opposes” the Netherlands’ upcoming curbs, which come just months after the United States restricted sales of some semiconductor machinery to Beijing. He accused Western countries led by the United States of trying to “contain” and “suppress” China. European battlegroundThe announcement of the Netherlands’ export restrictions, the details of which are expected to be confirmed before the summer, isn’t the first time the US-China tech rivalry spilled over into Europe.

☆ Nexperia and Elmos cases show how the US-China chip war is spilling over to Europe
▼ + stars: | 2022-11-25 | by ( Michelle Toh | ) edition.cnn.com time to read: +10 min

Last week, the new owner of Britain’s biggest chipmaker was ordered to unwind its takeover, just days after another chip factory sale was blocked in Germany. “These decisions mark a shift towards tougher stances regarding Chinese investment in critical industries in Europe,” said Xiaomeng Lu, director of geo‑technology at Eurasia Group. A worker in a clean room for silicon semiconductor wafer manufacturing at the Newport Wafer Fab, owned by Nexperia, in Newport, Wales on Aug. 18. A company sign of Elmos Semiconductor, seen on Nov. 9 in the German city of Dortmund. Both Britain and Germany have recently added rules that expand government oversight over such decisions, making outcomes harder to predict.

London/Berlin CNN Business —The German government has blocked the sale of one of its semiconductor factories to a Chinese-owned tech company because of security concerns. Silex announced in December that it had signed an agreement with Elmos to buy the factory for €85 million ($85.4 million). Addressing the blocked chip deal, he stressed that “Germany is and will remain an open investment location” but that it was not “naive”. China’s chips under threatThe visit came just a month after the United States introduced stringent controls on chip exports to China, a move designed to protect its national security and bolster its domestic semiconductor industry. In early October, the Biden administration banned Chinese firms from buying advanced chips and chip-making equipment without a license.

☆ First Russia, now China? Europe doesn’t appear ready to ‘decouple’ from Beijing just yet
▼ + stars: | 2022-11-04 | by ( Marie Brockling | ) www.nbcnews.com time to read: +8 min

Scholz was the first leader of a Group of 7 nations to visit China since the start of the pandemic, which was first detected there in 2019. China’s relations with Europe have deteriorated amid tensions over Taiwan, human rights issues and Beijing’s tacit support for Russia in its war on Ukraine. China has welcomed Scholz’s visit, saying it would “contribute to world peace, stability and growth.” But it received considerable pushback in Europe. Fears over Chinese interferenceScholz’s one-day visit to Beijing comes amid heightened fears in Europe over Chinese interference abroad. Wang suggested Europe could have the “best of both worlds” by playing a mediating role between Beijing and Washington.

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