Cyber & Technology April 17, 2026 402 stories in this edition

Chinese LED chipmaker’s purchase of Dutch firm collapses after US opposition

SCMP Asia / Asia / 1m ago / Xiaofei Xu
Chinese LED chipmaker’s purchase of Dutch firm collapses after US opposition

Preview Brief

China’s leading LED chipmaker and its Malaysian partner have abandoned their US$239 million cash offer to purchase Dutch technology company Lumileds Holding after opposition from US authorities, marking the latest setback for Chinese tech investment overseas following the high-profile Nexperia saga. Sanan Optoelectronics, listed in Shanghai, said in a disclosure announcement on Friday that despite multiple rounds of...

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China’s leading LED chipmaker and its Malaysian partner have abandoned their US$239 million cash offer to purchase Dutch technology company Lumileds Holding after opposition from US authorities, marking the latest setbac...

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