China crushes US giant Intel’s acquisition of Tower Semiconductor
www.scmp.com
Intel has cancelled its plans to buy Israeli foundry Tower Semiconductor after the deal failed to get approval from Chinese regulators ahead of a final deadline amid souring Sino-US relations.
  • Cannibal_MoshpitV3@lemmy.worldEnglish
    93·
    11 months ago

    So what I’m getting from this is that any time Chinese officials are involved, they will prioritize Chinese interests. A surprise to to no one really.