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World News@lemmy.ml · 1 year ago

China crushes US giant Intel’s acquisition of Israeli Tower Semiconductor

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China crushes US giant Intel’s acquisition of Israeli Tower Semiconductor

🇵🇸 Free Palestine 🇵🇸@lemmy.ml to

World News@lemmy.ml · 1 year ago

4

China crushes US giant Intel’s acquisition of Tower Semiconductor

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.

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1 year ago
It’s pay walled but how would China enforce that ruling? Ban all of Intel’s transactions with Chinese entity? Fines?

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