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Obama set to block Aixtron sale to Chinese fund - Bloomberg

Reuters Barack ObamaBarack Obama
Friday, 2 December 2016 ()

Dec 2 (Reuters) - U.S. President Barack Obama is poised to block the sale of German chip equipment maker Aixtron to China's Fujian Grand Chip Investment Fund (FGC), Bloomberg reported, citing...
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News video: Obama Set to Prevent Aixtron From Being Acquired by China-Based Company

Obama Set to Prevent Aixtron From Being Acquired by China-Based Company 00:37

President Obama is set to prevent a China-based company from purchasing German semiconductor company Aixtron, according to a report from Bloomberg. The deal is worth $711 million. At issue is Aixtron's clients, some of which are companies that specialize in defense. The U.S. is worried the deal poses...

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