China's antitrust authorities have long considered the Mellanox takeover deal by NVIDIA, but eventually approved it, so the latter's representatives expressed confidence that there would be no problems with the Arm purchase in this area either. In the near future, Chinese regulators may approve deals between AMD and Xilinx, GlobalWafers and Siltronic, as well as agree to sell Intel's solid-state memory business.
South Korea's SK hynix will be the buyer of the latter, which will bring it closer to the second place in the global solid-state memory market. Silicon wafer manufacturer GlobalWafers, which is buying rival Siltronic, is also pursuing the task of enlarging its business. AMD said at a recent Credit Suisse conference that it hopes to get approval from Chinese authorities to buy programmable die developer Xilinx by the end of the year. That will be the last approval on the way to finalizing a deal that will not require the buyer to incur direct material costs, as the companies will eventually swap their own shares. At the same time, the deal between NVIDIA and Arm has run into opposition from U.S. officials, who will seek its cancellation through the courts. Arm has a subsidiary in China, so local antitrust officials could look at the deal with great bias, but now it is clear that the most resistance will arise in the U.S. and British directions, and the word of Chinese officials in this matter will not be decisive. Sources among stock market participants say that the restructuring of the Chinese antitrust authorities will allow them to make decisions faster, and as a result, the deal between AMD and Xilinx will be approved within the planned time frame.
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