Prior notification of a concentration (Case M.8513 — Infineon Technologies/SAIC Motor/JV) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-08-29
Institutions: European Commission
Subjects: economic concentration, electronics industry, energy consumption, logistics, merger control, motor vehicle industry, vehicle parts








C_2017284EN.01001301.xml










29.8.2017   


EN


Official Journal of the European Union


C 284/13





Prior notification of a concentration
(Case M.8513 — Infineon Technologies/SAIC Motor/JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 284/10)






1.


On 21 August 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings SAIC Motor Corporation Limited (‘SAIC Motor’, China) and Infineon Technologies AG (‘Infineon’, Germany) acquire within the meaning of Article 3(4) of the Merger Regulation joint control of the undertaking SAIC Infineon Automotive Power Modules (Shanghai) Co., Ltd (‘SAIC Infineon Modules’, China) by way of a purchase of shares in a newly created company constituting a joint venture.










2.


The business activities of the undertakings concerned are:






—


SAIC Motor is a Chinese car producer listed on China’s A market. Its business covers the research, production and vehicle sales of both passenger cars and commercial vehicles. It also covers components (including engines, gearboxes, powertrains, chassis, interior and exterior and miscellaneous electronic components), and logistics, vehicle telematics, second-hand vehicle transactions and auto finance.










—


Infineon is listed on the Frankfurt Stock Exchange and its main business areas are Automotive (semiconductors for power trains, convenience electronics and safety systems), Industrial Power Control (power semiconductors and -modules used in the production, transmission and consumption of electric energy), Power Management and Multimarket (semiconductors for efficient energy management and high frequency applications) and Chip Card Security.










—


SAIC Infineon Modules will produce and sell automotive frame-based IGBT power modules (power semiconductors) for hybrid and fully electric vehicles in China.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.










4.


The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference M.8513 — Infineon Technologies/SAIC Motor/JV, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










(1)  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.