Infineon Doesn't Expect Major Impact From China's Gallium, Germanium Export Curbs
04 Juli 2023 - 1:28PM
Dow Jones News
By Mauro Orru
Infineon Technologies isn't expecting a major impact from
China's decision to set export restrictions on gallium and
germanium, critical metals to the production of semiconductors.
"Currently, we do not see any major impact on material supplies
which would disrupt our manufacturing capabilities," a spokeswoman
for the German chip maker told The Wall Street Journal on
Tuesday.
The two metals and more than three dozen related materials will
be subject to unspecified export controls starting Aug. 1,
Beijing's Ministry of Commerce said Monday.
"Infineon follows a multi-sourcing strategy to include suppliers
in different geographies," the spokeswoman said. "Generally,
Infineon's procurement team, which is responsible for securing raw
material supplies, is continuously monitoring developments."
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
July 04, 2023 07:13 ET (11:13 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Infineon Technologies (TG:IFX)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Infineon Technologies (TG:IFX)
Historical Stock Chart
Von Mai 2023 bis Mai 2024
