Europe rejects Chinese chip investments aimed at EV market

U.K. and Germany take tougher line amid worries about state influence

20221212N Elmos

Germany blocked the sale of an Elmos Semiconductor factory in Dortmund to a Chinese company. © Reuters

EIKI HAYASHI and MINORU SATAKE, Nikkei staff writers

FRANKFURT/LONDON -- Chinese semiconductor companies looking to expand through acquisitions in Europe face an increasingly chilly reception from regulators wary of state-driven investment.

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