China Finally Approves Amd S 35 Billion Acquisition Of Xilinx But Under A Few Conditions
Even though AMD faced some backlash and had a hard time convincing regulatory bodies, they still managed to get official approval for the deal from every single application country, except China. China was being a little extra about it because Xilinx, being a Chinese company, meant that AMD could gobble it up and affect China’s efforts to reduce dependency on foreign silicon. From the original October 2020 announcement date of the deal, all the way up till the first quarter of 2022, China’s State Administration for Market Regulation (SMAR) kept investigating it to make sure it won’t be anti-competitive....