FRANKFURT: German semiconductor chipmaking machinery company Aixtron is considering reducing the size of the business with a partial sale, its chief executive said in an interview published on Friday, opening the door for bidders after a deal with a Chinese firm collapsed. “There are two options: First, we could hope that the markets for our products recover and continue investing high sums in new equipment. But that would come with high development and ramp-up costs, and risks,” Martin Goetzeler told German daily Handelsblatt in an interview published on Friday.
“Or Aixtron could shrink, divest technologies and continue with a specialized offering,” he said. — Reuters
Oman Observer is now on the WhatsApp channel. Click here
