II-VI eyes metaverse expansion with $50 million investment following record $1 1 billion in bookings over past fiscal quarter
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Global antitrust agenda for 2022
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Chinese regulators have granted approval for Advanced Micro Devices Inc (AMD) to buy Xilinx Inc, clearing the way for one of the largest deals to emerge from the global semiconductor industry.
The Chinese State Administration for Market Regulation has cleared the deal with certain conditions, the antitrust watchdog said in a statement.
It asked AMD not to discriminate against Chinese clients and to continue supplying Xilinx’s products to the country, after determining that the deal could exclude or limit competition.
The acquisition has won the blessing of regulators in the US and Europe, among other jurisdictions.
The US chipmaker, which competes with
Siltronic AG cast doubt on a planned US$5.3 billion takeover by GlobalWafers Co (環球晶圓), saying that the German Ministry of Economic Affairs and Climate Action’s feedback so far was opaque and offered no clear resolution to allay antitrust concerns.
During recent discussions, the companies did not receive any information as to whether and under which conditions a clearance for the takeover might be issued, the German company said in a regulatory filing on Friday following a news report on remedies the companies have offered.
In the ministry’s view “in this case, a mitigation agreement is apparently not suitable to mitigate concerns