FRANKFURT/PARIS (dpa-AFX Broker) - The shares of Infineon and STMicroelectronics suffered from demand concerns on Friday. Infineon was one of the weakest stocks on the DAX, falling by more than 4 percent. STMicro fell by around two percent in Paris.

The Bloomberg news agency had previously reported, citing people familiar with the matter, that the Chinese government was encouraging domestic electric car manufacturers such as BYD and Geely to buy significantly more electronic chips from Chinese suppliers. This is intended to strengthen China's semiconductor industry and reduce dependence on Western supplies.

There has long been a technology dispute between China and the USA in particular. In the competition for the development of artificial intelligence, the USA recently tightened restrictions on chip deliveries to China. There are also export bans to China on certain systems for the production of particularly powerful chips./mis/stk

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