(Boursier.com) — STMicroelectronics , Infineon and NXP Semiconductors have no intention of stopping their activities in China, according to the Financial Times. The FT quotes in particular the comments of the CEO of STMicroelectronics, Jean-Marc Chery, on the occasion of an exceptional event of CEO Roundtable. The ST manager recalled that China represents about 30% of the company’s total turnover, which therefore intends to continue to support this market. The CEO of ST also said that stability was necessary and that it would be difficult if things changed every six months. Speaking at the same event, NXP CEO Kurt Sievers said the company’s operations in China were not affected by new export restrictions against the country’s semiconductor industry. Although NXP applied the new rules carefully, it would complicate a bit but not disrupt business in China.
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