UK Prime Minister Boris Johnson has ordered a security review of the purchase of the UK’s largest producer of semiconductors by a Chinese-owned firm after the acquisition was widely criticized by Members of Parliament (MPs). Johnson said on July 7 that he has asked his national security adviser to probe into the purchase of Newport…
UK Prime Minister Orders Security Review on Chinese Acquisition of UK’s Biggest Semiconductor Maker
July 9, 2021
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Boris JohnsonBusiness & EconomyChinaChinese RegimeInternational RelationsNewport Wafer FabNexperiaNWFsemiconductorUKWingtechWorld
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Cancel China’s Purchase of UK Computer Chip Fab
Commentary China is about to acquire ownership of Britain’s largest computer chip design and manufacturing facility (known as a “fab”) for the low price of $87 million this week, according to CNBC sources. As is typical in such deals, Beijing seeks control over the fab, and as much of its technology as possible, through gradualism…
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