The Chinese acquisition of Philips in the US chip and headlights company was vetoed by the US government less than a month, the acquisition of Fairchild Semiconductor by the central enterprise China Resources Group subsidiary was also rejected because of fear of failing to pass the US review. The industry believes that although the United States continues to tighten the acquisition of high-tech enterprises and key technology review, the trend of industrial globalization and international mergers and acquisitions is unstoppable. On January 22, Philips announced that it was unable to resolve the US Foreign Investment Committee’s “national security concerns†and stopped selling its Lumileds (chips and shares) to the investment fund “GO Scale Capital†led by Chinese venture capital firm Jinshajiang Venture Capital. The headlight company) 80.1% shares. In March last year, Philips and GO Scale Capital have reached an agreement on the merger. Lumileds has world-leading technology in LED chips and automotive lighting, with a large patent, its core R&D base and epitaxial materials factory in the United States. The investment funds for the acquisition of Lumileds include China Investment Co., Ltd., China Aviation Trust Co., Ltd., Guoxin Fund Management Co., Ltd. and Nanchang Industrial Holding Group Co., Ltd. "We use Nanchang's LED company Jingneng Optoelectronics as the industry platform. If we successfully acquire Lumileds, we will greatly enhance the technology and manufacturing capabilities of the domestic LED industry and reshape the global LED industry." Jinshajiang Venture Capital Co-founder and Director Manager Wu Shenjun said. The reporter learned that after 19 years of research, Nanchang University has succeeded in obtaining LED technology for blue-light silicon substrate, mastered the LED chip technology with independent intellectual property rights, broke the monopoly of Japan and the United States, and formed a three-pronged situation of global LED technology. In 2012, Nanchang Jingneng Optoelectronics Co., Ltd., which was founded on the silicon substrate LED technology, successfully realized the industrialization of high-power blue-light silicon substrate LED technology, marking China's two highlands in technology and industrialization in the LED field. "Relying on this LED technology with independent intellectual property rights, Jiangxi plans to turn Nanchang into a national LED optical valley. The acquisition of Lumileds will help Optics Valley achieve leapfrog development." Xiao Yuwen, deputy mayor of Nanchang City, said. Wu Shenjun said that in the past year, the two sides have actively cooperated with the US Foreign Investment Committee's review. "I feel very sorry because the irresistible factors have not passed the review." The acquisition was vetoed by the US government for less than a month. On February 17, because of fears that it could not be censored by the US government, Meixiantong Semiconductor Company rejected the China Resources Microelectronics Co., Ltd. under the China Resources Group and Qingxin Huachuang Investment Management Co., Ltd. Proposed acquisition offer. The reporter's investigation found that from the early years of Huawei's attempt to acquire 3COM, Tsinghua Ziguang proposed that the acquisition of Magnesium was rejected last year. It is not uncommon for Chinese companies to acquire technology companies overseas. Insiders analyzed that the US government blocked Chinese investors from acquiring Lumileds, and Meixiantong Semiconductor was forced to reject the China Resources acquisition project in order to suppress the development of China's semiconductor industry and maintain the technological advantages of US technology companies. "The United States is constantly tightening restrictions on any high-tech or military power that may improve China." Fan Jishe, a researcher at the American Institute of Chinese Academy of Social Sciences, said that this situation has become more apparent in recent years. However, Wu Shenjun said, "The trend of international industrial division of labor is unstoppable, and the road to overseas mergers and acquisitions must be firmly carried forward." The strength of the Chinese market and a solid foundation for technological research and development, if combined with the strength of foreign high-quality brands, will certainly promote domestic industrial upgrading. To promote supply side reform. Overseas mergers are a path that cannot be avoided by the leaps and bounds of China's industry. The US government's obstruction will also be a high-frequency event. The industry believes that overseas mergers and acquisitions are like a chess game. To reduce the influence of the US government, it is necessary to exert efforts from three aspects. "The most important revelation of this acquisition failure is that we must first innovate independently and then carry out international cooperation." Xiao Yuwen said that China's industry is starting from a new stage where people have people, I am strong, and people are strong, but more important. It is a person who has no me. "When we can do things without people, we are not afraid of no international cooperation." "US scruples Huawei is a strong competitor of Cisco, so Huawei is difficult to enter the US market, but Huawei's European market has developed rapidly." Fan Jishe suggested that China's entry into the US market does have multiple obstacles, which can increase the old industry with Europe. Cooperation between powerful countries. Wu Shenjun said that despite the failure of the transaction, they won the respect of Philips. The future of China's LED industry and international companies such as Philips will have greater cooperation possibilities. Rice Mill,Rice Mill Machine,Small Rice Milling Machine,Rice Mill Equipment Hunan Furui Mechanical and Electrical Equipment Manufacturing Co., Ltd. , https://www.thresher.nl