Status: 11/07/2022 10:53 p.m
A compromise was found at the port of Hamburg, but the federal government now wants to prohibit the sale of a chip manufacturer from Dortmund to a Chinese company. The company announced that.
The Dortmund chip manufacturer Elmos will probably not be sold to the subsidiary of a Chinese group. The Ministry of Economics has informed the parties involved that the sale will probably be prohibited, the company said. According to the company, the decision will officially be made at the cabinet meeting on Wednesday. The Ministry of Economic Affairs wanted this at the request of the ARD Capital Studios do not comment because the process is not yet complete.
Elmos develops, produces and sells semiconductors primarily for use in cars. At the end of last year, the company announced that it wanted to sell the production of so-called wafers in Dortmund to the Swedish competitor Silex for a total of around 85 million euros. Silex is a subsidiary of the Chinese Sai Group.
Debate about proximity and distance to China
In the debate about the participation of the Chinese Cosco group in a terminal in the port of Hamburg, the planned business in Dortmund also came into public focus. Critics fear that such deals could give China too much influence over critical infrastructure and important branches of industry.