CFIUS:Cree RF can not be sold to Infineon

In Trump (Donald Trump) the government's eyes, Germany is no longer an ally, but hundred-percent competitors?

Light emitting diode (LED) upstream of grain manufacturing maker CREE (CREE, Inc.) on the 8 day after the U.S. stock market recently announced that in the United States and the Foreign Investment Committee (CFIUS) after the communication, Cree and Infineon (Infineon Technologies AG) that Wolfspeed and RF power department sale is unlikely to obtain approval of the existing structure.

Cree and Infineon are assessing whether alternatives (modifying existing trading conditions) can reduce or resolve regulatory concerns and re submit them to the CFIUS after both sides agree. Cree, based in the North Carolina State, admits it is uncertain whether the Wolfspeed power and RF Division will be sold to German manufacturers infineon.

Thomson Reuters reported that Cree, Infineon, did not say why the US government had reservations about the deal. Wolfspeed produced devices employing GaN for military purposes. DLA Piper LLP Brian Chilton pointed out that the supervision of lawyers, it shows that the U.S. government will protect the national defense industry attaches great importance to technology, the United States does not want to lose the advantages, so whether the buyer is a German manufacturer or China manufacturers will be rejected.

Infineon 8, said in a statement, CFIU S has informed Infineon's acquisition of Cree's Wolfspeed power and RF sector poses a threat to U.S. National security. The statement said that CFIUS did not show any remedial measures that would allow the transaction to pass.

British Financial Times reported that former U.S. President Obama (Barack Obama) announced on December 2, 2016, the president ordered against Fujian hongsin Chinese Investment Fund (FGC) acquisition of German metal organic chemical vapor deposition system (MOCVD) equipment supplier Ace (Aixtron SE) and its strong U.S. subsidiary. Obama said credible evidence suggests that FGC may take action against U.S. National security.

Ace strong said last November, CFIUS informed the acquisition may be hidden national security concerns. After CFIUS's opposition, PHILPS (Philips) announced in early 2016 that it would sell the U.S. Lumileds Lighting Department to China's private equity fund. In addition, the purple group also due to CFIUS investigation may be launched to abandon the acquisition of U.S. data storage technology company Western Digital stake.

The Associated Press reported that the U.S. - China Economic and Security Review Commission (USCC) released last November 16th annual report suggested that the United States Congress should amend the law authorized CFIUS Chinese banned state-owned enterprises acquisition or substantial control of American enterprises.

USCC President Dennis Shea said that if the US government should not have a huge US economy, then why would the Chinese Communist Party buy big American companies? He said that the state-owned enterprise is Chinese Communist Party's right hand, with their acquisition of strategic considerations.

The White House National Trade Commission Chairman Navarro (Peter Navarro) in January 25th, said in an interview with CNBC, Trump government is the goal of manufacturing employment accounted for close to 20% in Germany. Navarro stressed that the new U.S. government aimed at computer chips, automobiles and other high-tech manufacturing.

According to the economic policy written by Navarro and Wilbur Ross in September 29, 2016, production automation does not wait for manufacturing workers to lose their jobs. Germany and Japan are the masters of the global robotics industry, but the manufacturing population in these two countries still accounts for nearly 20% and 17% respectively.

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