As tensions between the US and China continue to build, what does this mean for US companies operating in China? Partners George Grammas and Ed Newberry discuss the current political landscape, as well as provide insight on where things are headed and what you can do to mitigate risks and protect your relationships going forward. … Continue Reading
On January 18, 2023, the U.S. Commerce Department’s Bureau of Industry and Security (BIS) published in the Federal Register an Interim Final Rule, 88 Fed. Reg. 2821, amending the Export Administration Regulations (EAR) (15 CFR Parts 730-774) by adding Macau to the recent controls implemented on certain advanced computing and semiconductor manufacturing items destined for … Continue Reading
Status: Clearance Acquirer: SK hynix Inc. (South Korea) Acquired: NAND business of Intel Corporation (US) Value: US$9 billion Industry: Semiconductors… Continue Reading
Status: Clearance Acquirer: SK hynix system Inc. (South Korea) Acquired: NAND business of Cypress Semiconductor Corporation (US) Value: US$6 million Industry: Semiconductors… Continue Reading
Status: Clearance Acquirer: Edwards Vacuum LLC (US); Atlas Copco AB (Sweden) Acquired: Semiconductor cryogenics business of Brooks Automation, Inc. (US) Value: US$675 million Industry: Industrial Products and Services… Continue Reading
Status: Presidential Order Acquirer: Canyon Bridge Capital Partners, Inc. (US); China Venture Capital Fund Corporation Limited (China) Acquired: Lattice Semiconductor Corp. (US) Value: Approximately US$1.3 Billion Industry: Integrated Circuits; Electronic Engineering; Semiconductors… Continue Reading
Status Update: Clearance Acquirer: Renesas Electronics Corp. (Japan) Acquired: Intersil Corp. (U.S.) Value: Approx. US$3.22 Billion Industry: Semiconductors UPDATE: On February 21, 2017, Intersil Corporation issued a press release stating that, in relation to its pending acquisition by Renesas Electronics Corporation, the parties “received notification by the Committee on Foreign Investment in the United States … Continue Reading
Status: Clearance Acquirer: IDG Capital Partners (China), MLS Co, Ltd. (China) and Yiwu State-Owned Assets Operation Center (China) Acquired: LEDvance, business unit of Osram Licht AG (German) Value: Approx. EUR400 Million (US$442.2 Million) Industry: Semiconductors According to recent news reports, the Committee on Foreign Investment in the United States (CFIUS) has cleared the … Continue Reading
Status Update: Withdrawn and Abandoned Acquirer: Infineon Technologies AG (Germany) Acquired: Cree, Inc. (US) Value: US$850 million Industry: Semiconductors UPDATE: On February 16, 2017, Cree Inc., announced that “it will terminate the definitive agreement to sell its Wolfspeed Power and RF division (“Wolfspeed”), which includes the silicon carbide substrate business for power, RF and … Continue Reading
Status: Clearance Acquirer: ASML Holding NV (The Netherlands) Acquired: Hermes Microvision, Inc. (Taiwan) Value: Approx. NT$100 billion (US$3.1 billion) Industry: Semiconductors ASML Holdings NV, a Netherlands company that manufactures “chip-making equipment,” announced on October 26, 2016, that it received all necessary regulatory clearance, including from the Committee on Foreign Investment in the United … Continue Reading
Status: Clearance Acquirer: Beijing E-Town Chipone Technology Co., Ltd. (China) Acquired: Integrated Memory Logic Limited (U.S.) Value: Approx. US$144.5 million Industry: Integrated Circuits; Semiconductors On November 2, 2016, Exar Corporation announced that it received clearance from the Committee on Foreign Investment in the United States (CFIUS) concerning the sale of its fabless semiconductor subsidiary, … Continue Reading
Status: Presidential Order Acquirer: Fujian Grand Chip Investment Fund LP (China); Zhendong Liu (China) Acquired: Aixtron SE (Germany) Value: Approximately €670 million Industry: Semiconductors Late in the evening on Friday, December 2, the White House published the text of a “Presidential Order – Regarding the Proposed Acquisition of a Controlling Interest in Aixtron … Continue Reading
Status: Withdrawn and Abandoned Acquirer: San’an Optoelectronics Co., Ltd. (China) Target: GCS Holdings, Inc. (Caymen Islands) / Global Communications Semiconductors, LLC (California) Value: US$226 million Industry: Semiconductors On August 1, San’an Optoelectronics Co., Ltd., announced that its subsidiary, Xiamen San’an Integrated Circuit Co., Ltd., had agreed with the Taiwan publicly traded company GCS Holdings … Continue Reading