Subscribe to our free daily newsletters
. 24/7 Space News .




Subscribe to our free daily newsletters



ROBO SPACE
China criticises US decision to block Aixtron deal
by Staff Writers
Beijing (AFP) Dec 5, 2016


China Monday criticised a US decision to block a Chinese company's purchase of German semiconductor equipment maker Aixtron, saying business should not be politicised.

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 politicising normal business behaviour 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 publicly-traded 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.

In late October the German government withdrew its initial approval for the 670 million euro ($714 million) takeover after Washington raised security concerns.

Citing German intelligence sources, Handelsblatt daily reported that the US had expressed fears that China could use Aixtron technology to bolster its nuclear programme.

After receiving the information, the German economy ministry said on October 24 that it would reopen its review of the deal.

dly/sm

AIXTRON


Comment on this article using your Disqus, Facebook, Google or Twitter login.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

.


Related Links
All about the robots on Earth and beyond!






Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
ROBO SPACE
From Monterey Bay to Europa
Pasadena CA (JPL) Dec 01, 2016
If you think operating a robot in space is hard, try doing it in the ocean. Saltwater can corrode your robot and block its radio signals. Kelp forests can tangle it up, and you might not get it back. Sharks will even try to take bites out of its wings. The ocean is basically a big obstacle course of robot death. Despite this, robotic submersibles have become critical tools for ocean resear ... read more


ROBO SPACE
Space freighter burns up after launch to to ISS: Russia

Cold plasma freshens up French fries

Orbital ATK Ends 2016 with Three Successful Cargo Resupply Missions to ISS

Space Food Bars Will Keep Orion Weight Off and Crew Weight On

ROBO SPACE
Russia seeks answers on ISS cargo ship crash

The Vega launcher is complete for next week's Arianespace mission with Gokturk-1

United Launch Alliance Launches Innovative "RocketBuilder" Website

XCOR Partners With Immortal Data To Enhance And Commercialize Shipslog Data Acquisition System

ROBO SPACE
Swiss firm acquires Mars One private project

Europe okays 1.4 bn euros for Mars rover, ISS

Climate cycles may explain how running water carved Mars' surface features

NASA Radio on Europe's New Mars Orbiter Aces Relay Test

ROBO SPACE
Chinese missile giant seeks 20% of a satellite market

China-made satellites in high demand

Space exploration plans unveiled

China launches 4th data relay satellite

ROBO SPACE
LeoSat and Globalsat Group Sign Strategic Worldwide Agreement

India's Space Program Makes Steady Gains

ESA looks at how to catch a space entrepreneur

Thales and SENER to jointly supply optical payloads for space missions

ROBO SPACE
Creating new physical properties in materials

New technology of ultrahigh density optical storage researched at Kazan University

Earth's 'technosphere' now weighs 30 trillion tons

A watershed moment in understanding how H2O conducts electricity

ROBO SPACE
Life before oxygen

Could There Be Life in Pluto's Ocean?

Biologists watch speciation in a laboratory flask

Timing the shadow of a potentially habitable extrasolar planet

ROBO SPACE
New Perspective on How Pluto's "Icy Heart" Came to Be

New analysis adds to support for a subsurface ocean on Pluto

Pluto follows its cold, cold heart

New Analysis Supports Subsurface Ocean on Pluto




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement