Infineon is one of the largest semiconductor companies in the world and is a top player in automotive, power and security chips.
"The geopolitical tension between the two superpowers a big concern because we think we should not focus on countries, we should focus on the needs of our global society," Ploss told CNBC during the Singapore Summit, which was held virtually this year due to the coroanvirus pandemic.
U.S. and China's bilateral relationship deteriorated in recent years due to a trade war and a race to establish dominance in crucial areas of technology including 5G and semiconductors. Washington has targeted Chinese tech companies like Huawei, ZTE and ByteDance on national security grounds.
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