I feel like I'm missing something here. Why are Chinese regulators involved in an American company buying an Israeli company? Because Intel or Tower have offices / fabs in China? Because China is a supplier for one or both?
Couldn't parse that from the article. Would be interested in an explanation from someone with a better understanding of the industry.
Does this mean their Fab expansion plans in the US and India as well as Intel's Haifa 2 plans are back on track? They both paused both of those during the merger
I feel like I'm missing something here. Why are Chinese regulators involved in an American company buying an Israeli company? Because Intel or Tower have offices / fabs in China? Because China is a supplier for one or both?
Couldn't parse that from the article. Would be interested in an explanation from someone with a better understanding of the industry.