CFIUS:Cree RF can not sell 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, Infineon is assessing whether there are alternatives (modify existing trading conditions) can reduce or resolve regulatory concerns, and after the two sides agreed to re submit to CFIUS. Headquartered in the United States, North Carolina, Cree admitted that the company can not determine whether the final Wolfspeed power and RF Department sold to German manufacturers infineon.

Thomson Reuters reports, Cree, Infineon did not explain why the U.S. government will hold reservations about the transaction. The Wolfspeed production device uses gallium nitride (GaN) for military use. 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 Chinese manufacturers will be rejected.

Infineon 8, said in a statement, CFIU S has been informed that the acquisition of Infineon's Wolfspeed Cree power and RF sector poses a threat to U.S. National security. The statement said, CFIUS did not explain what remedies can make the transaction clearance.

British Financial Times reported that former U.S. President Obama (Barack Obama) announced on December 2, 2016, the president ordered against Fujian hongsin China 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 that FGC may take action to harm U.S. National security.

Ace strong in November last year, said CFIUS told the acquisition may be hidden national security concerns. In the CFIUS stand against, PHILPS (Philips) in early 2016 announced the cancellation of the U.S. Lumileds lighting sector sold to China's private equity fund. In addition, the purple group may also be due to investigate CFIUS to give up 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 China banned state-owned enterprises acquisition or substantial control of American enterprises.

USCC President Shea (Dennis) said that if the United States government should not have a huge U.S. economy, so why the Chinese Communist Party can buy American companies? He said that the state-owned enterprise is China 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 United States is aiming at the new government computer chips, cars and other high-tech manufacturing.

According to Navarro, Wilbur Ross (U.S. Secretary of Commerce nominee) wrote in September 29, 2016 economic policy, production line automation is not equal to the manufacturing workers will be unemployed. Germany, Japan are the world's robot industry side of the tyrants, but the two countries in the manufacturing sector employment accounted for nearly 20%, respectively, accounted for nearly 17%.

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