China slams US de­ci­sion to block Aix­tron deal

Kuwait Times - - TECHNOLOGY -

China yes­ter­day crit­i­cized a US de­ci­sion to block a Chi­nese com­pany’s pur­chase of Ger­man semicon­duc­tor equip­ment maker Aix­tron, say­ing busi­ness should not be politi­cized. Pres­i­dent Barack Obama blocked the deal by re­ject­ing the in­clu­sion of Aix­tron’s US unit in it. The US Trea­sury Depart­ment said the Com­mit­tee on For­eign In­vest­ment in the United States had found that the risks posed by the pur­chase, which could put sen­si­tive tech­nol­ogy with potential mil­i­tary ap­pli­ca­tions in Chi­nese hands, were too great. Chi­nese for­eign min­istry spokesman Lu Kang said the move to pur­chase Aix­tron was purely mar­ket-driven.

“China op­poses politi­ciz­ing nor­mal busi­ness be­hav­ior or in­ter­fer­ing in it in a po­lit­i­cal way,” he told a reg­u­lar press brief­ing. “We hope the US side can stop mak­ing ground­less ac­cu­sa­tions to Chi­nese com­pa­nies and pro­vide a fair en­vi­ron­ment and good con­di­tions to Chi­nese in­vest­ments.” In a state­ment Fri­day the US Trea­sury said pub­liclytraded Aix­tron SE’s ex­per­tise in tech­nol­ogy which is key to mak­ing ad­vanced com­pound semi­con­duc­tors used for LED light­ing, lasers and so­lar cells also has mil­i­tary ap­pli­ca­tions. Wash­ing­ton does not want to see such tech­nol­ogy end up in the hands of the Chi­nese govern­ment-backed com­pany which wants to buy Aix­tron, Grand Chip In­vest­ment. The Trea­sury said Aix­tron’s US busi­ness was an im­por­tant con­trib­u­tor to that tech­nol­ogy. —AFP

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