UK Business Secretary Kwasi Kwarteng, who ordered the national security assessment of Newport Wafer Fab, is pictured leaving 10 Downing Street in London. Photo: Bloomberg
UK Business Secretary Kwasi Kwarteng, who ordered the national security assessment of Newport Wafer Fab, is pictured leaving 10 Downing Street in London. Photo: Bloomberg

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

  • Assessment of US$79 million acquisition of Britain’s biggest semiconductor maker comes under new powers conferred by National Security and Investment Act
  • Review follows criticism over UK government’s apparent inaction regarding a deal involving company that some say has economic and strategic importance

UK Business Secretary Kwasi Kwarteng, who ordered the national security assessment of Newport Wafer Fab, is pictured leaving 10 Downing Street in London. Photo: Bloomberg
UK Business Secretary Kwasi Kwarteng, who ordered the national security assessment of Newport Wafer Fab, is pictured leaving 10 Downing Street in London. Photo: Bloomberg
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