UK orders full national security review for Chinese takeover of semiconductor maker Newport Wafer Fab

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Britain’s business secretary has ordered a full national security assessment of the £63 million (US$79 million) acquisition last year of the country’s biggest semiconductor maker by Nexperia, a Dutch subsidiary of China’s Wingtech Technology.

The inquiry comes after media reports in April stating the British government would not intervene in the deal following a separate review by national security adviser Stephen Lovegrove. A government spokesman said at the time that “no decisions have been made”.