US President Barack Obama prevented Chinese companies from acquiring German LED equipment maker Aixtron, which is the third time in more than 25 years that the US president has rejected commercial transactions on the grounds of national security risks. The Ministry of Finance issued a statement on Friday saying that Obama agreed with the US Foreign Investment Committee's proposal, issued an executive order, and announced that it would suspend Chinese companies to acquire the German semiconductor company LED equipment manufacturer Ai Siqiang. Event LED equipment manufacturer Ai Siqiang is a well-known semiconductor equipment supplier in Germany and one of the only companies in the world that can produce MOCVD equipment (the other is the American company VEECO). MOCVD is a key core device for LED epitaxial chip manufacturing. The German Federal Ministry of Economic Affairs approved the acquisition of the company by Fujian Hongxin Fund on September 8 this year, but suddenly “repented†on October 24. Germany and the United States disclosed that the move was related to the involvement of US intelligence agencies. According to US intelligence agencies, the technology of LED equipment giant Ai Siqiang can also be used in the military industry such as satellite and radar. Northrop Grumman Corp., a world-renowned arms dealer and an important partner of the US Department of Defense, is one of Ace Strong's customers. Subsequently, the US Foreign Investment Committee launched an investigation into the case and announced the results of the investigation on November 17 local time: This acquisition threatens US national security and recommends that the US President come forward to stop it. According to the corresponding regulations, Obama should finalize the final ruling 15 days after receiving the proposal, that is, December 2. Prior to this, Obama only vetoed a foreign investment in his post, that is, on September 28, 2012, an administrative order was issued to prohibit Sany Heavy Industry from purchasing four of the US Navy Training Logistics Base near Ralls Corp. Wind farm. Ministry of Foreign Affairs responds Before the above news, there are rumors: Obama will prevent Chinese funds from acquiring German LED equipment manufacturer Ai Siqiang. The Ministry of Foreign Affairs immediately responded. Foreign Ministry Spokesperson Yan Shuang said at a regular press conference today that we do not want the outside world to give too much political interpretation of this normal business activity, and should not be politically disturbed. Q: It is reported that US President Barack Obama may announce that it will prevent China Hongxin Investment Fund from acquiring Ai Siqiang, a German semiconductor company's LED equipment manufacturer. What is China's response to this? A: The acquisition you mentioned is a normal commercial merger. Since it is a normal commercial merger, it should be implemented and grasped in accordance with commercial principles and market rules. We do not want the outside world to give too much political interpretation to this normal business activity, and we should not politically interfere with it.
Laptop Stand 17 Inch Adjustable,Laptop Stand 17 Inch Alienware,Laptop Stand 17 Inch Bed,Laptop Stand 17 Inch Computer,etc.
Shenzhen Chengrong Technology Co.ltd is a high-quality enterprise specializing in metal stamping and CNC production for 12 years. The company mainly aims at the R&D, production and sales of Notebook Laptop Stands and Mobile Phone Stands. From the mold design and processing to machining and product surface oxidation, spraying treatment etc ,integration can fully meet the various processing needs of customers. Have a complete and scientific quality management system, strength and product quality are recognized and trusted by the industry, to meet changing economic and social needs .
Laptop Stand 17 Inch Adjustable,Laptop Stand 17 Inch Alienware,Laptop Stand 17 Inch Bed,Laptop Stand 17 Inch Computer Shenzhen ChengRong Technology Co.,Ltd. , https://www.laptopstandsupplier.com