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Stock impact report

China Scrutinizes U.S. Bid to Control Chinese Chipmaker [Yahoo! Finance News]

Western Digital Corporation (WDC) 
Last western digital corporation earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.wdc.com
China Scrutinizes U.S. Bid to Control Chinese Chipmaker ) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. A U.S. chipmaker’s attempt to acquire a peer with a valuable Chinese affiliate has spurred concern in Beijing, as tensions between the world’s two biggest economies threaten to disrupt the global tech supply chain. China’s antitrust regulator is closely monitoring Diodes Inc.’s proposed $428 million takeover of Taiwan’s Lite-On Semiconductor Corp., responding to complaints a deal will deliver the Taiwanese company’s Shanghai-based affiliate On-Bright Electronics Inc. into American hands, according to a person familiar with the matter. The State ministration for Market Regulation is heeding warnings from multiple industry organizations about the acquisition and could consider asking the Chinese assets to be excluded from the deal, said the person, asking not to be identified talking about sensitive matters. The unusual attention Show less Read more
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