Germany blocks Taiwanese takeover of chip supplier

BUSINESS DAILY © FRANCE 24

The German government has blocked a Taiwanese company from buying chip supplier Siltronic. The €4.3 billion deal would have had a major impact on the semiconductor industry. Germany – and the European Union – are trying to protect domestic producers from foreign takeovers, while boosting their own share of the chip market. Also in the show: eurozone unemployment hits a record low, and the overnight hit game Wordle gets sold to The New York Times.