This bid came from Silex, a Swedish subsidiary of Chinas Sai Microelectronics.

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Of course, Germany is and will remain an open investment location, but we are not naive either.

Germany blocking sales of its chip companies is like putting a plaster on a decapitation

We only need to think about the pandemic-driven impact this has had on manufacturing.

As global supply chains crumbled, the continent struggled to source any chips.

This cost hundreds of billions, if not trillions, of eurosworth of economic damage.

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Story byIoanna Lykiardopoulou

Ioanna is a writer at TNW.

With a background in the humanities, she has a soft spot for social impact-enabling technologies.

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