Chinese takeover of the UK's biggest chip plant blocked on national security grounds
Summary by Ground News
23 Articles
23 Articles
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3
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11
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UK orders Chinese-owned company to sell Britain's biggest chipmaker
By Michelle Toh, CNN BusinessThe UK government has ordered a Chinese-owned company to unwind its takeover of Britain’s biggest chipmaker, citing national security concerns.Nexperia, a Dutch subsidiary of Shanghai-listed semiconductor maker Wingtech, was told to sell “at least 86%” of its stake in Newport Wafer Fab by UK Secretary of State for Business, Energy and Industrial Strategy Grant Shapps, more than a year after taking control of the fact…
·Idaho Falls, United States
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Total News Sources23
Leaning Left3Leaning Right3Center11Last UpdatedBias Distribution65% Center
Bias Distribution
- 65% of the sources are Center
65% Center
L 18%
C 65%
R 18%
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