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Cabinet split over Chinese takeover of UK microchip maker
source link: https://www.telegraph.co.uk/business/2022/04/01/pressure-government-intervene-chinese-takeover-uk-microchip/
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Cabinet split over Chinese takeover of UK microchip maker
Business Secretary urged to overrule security advice and block Newport Wafer Fab sale
1 April 2022 • 7:26pm
Newport Wafer Fab makes silicon wafers that are the basis of microprocessors
Kwasi Kwarteng is under pressure from fellow Cabinet ministers to block a Chinese takeover of Britain’s biggest microchip factory in spite of national security advice saying the deal can go ahead....
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