On November 18, 2021 the Draghi Government vetoed the joint venture operation between Zhejiang Jingsheng Mechanical (Chinese microchip manufacturer) and the Hong Kong branch of the US company Applied Materials (specialized in the production of semiconductor software) for the acquisition of the Italian activities of the American group Applied Materials, specialized in equipment for screen printing.
Since 2012, Italy exercised Golden Power five times, four of which in transactions involving Chinese investments. In 2021 alone, Italy exercised its golden power 3 times, two of which in the semiconductor sector.
Avv. Lifang Dong and Avv. Chiara Civitelli
The content of this article does not constitute legal advice, but has an informative function. For personalized legal advice, contact the firm by e-mail firstname.lastname@example.org or by phone +39 06 916505710. © Dong & Partners International Law Firm, All rights reserved