China approves AMD’s US$35 billion acquisition of Xilinx

  • The State Administration for Market Regulation cleared the deal with certain conditions, including asking that AMD continue to supply Xilinx chips to China
  • The acquisition has already been approved in the US, Europe and UK, and will bring AMD into areas including automotive and communications networking

AMD offices in Santa Clara, California, seen on July 30, 2019. Photo: Shutterstock
Chinese regulators have granted approval for Advanced Micro Devices Inc to buy Xilinx Inc, clearing the way for one of the largest deals to emerge from the global semiconductor industry.

The State Administration for Market Regulation has cleared the deal with certain conditions, the antitrust watchdog said in a statement. It asked AMD not to discriminate against Chinese clients and to continue supplying Xilinx’s products to the country, after determining the deal could exclude or limit competition. The acquisition had already won the blessing of regulators in the US, Europe, and UK, among other jurisdictions.

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