BRIEF-Sai Microelectronics Says German Authority Blocks Its Unit Silex Microsystems From Buying Elmos Semiconductor's Auto Chip Manufacturing Line

Sai Microelectronics: * SAYS GERMAN FEDERAL MINISTRY OF ECONOMICS AND CLIMATE ACTION BLOCKS ITS UNIT SILEX MICROSYSTEMS FROM BUYING ELMOS SEMICONDUCTOR'S AUTO CHIP MANUFACTURING LINE

* SAYS "DEEPLY REGRETS" THIS FINAL AND FORMAL DECISION OF THE GERMAN GOVERNMENT * SAYS IT WILL CONTINUE TO BE OPTIMISTIC ABOUT AND ATTACH IMPORTANCE TO THE AUTOMOTIVE CHIP INDUSTRY AND RELATED BUSINESS

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