Since it was established in 2016, Wise Road Capital has emerged as an active Chinese buyout fund in the semiconductor industry.  Photo: Reuters Since it was established in 2016, Wise Road Capital has emerged as an active Chinese buyout fund in the semiconductor industry.  Photo: Reuters
Since it was established in 2016, Wise Road Capital has emerged as an active Chinese buyout fund in the semiconductor industry.  Photo: Reuters

US says Chinese private equity fund’s acquisition of South Korean chip maker poses a ‘national security risk’

  • The Treasury Department identified such national security risk in the US$1.4 billion deal involving Wise Road Capital
  • The inter-agency Committee on Foreign Investment in the United States will refer the Magnachip review to US President Jose Biden for final decision

Topic |   Semiconductors
Since it was established in 2016, Wise Road Capital has emerged as an active Chinese buyout fund in the semiconductor industry.  Photo: Reuters Since it was established in 2016, Wise Road Capital has emerged as an active Chinese buyout fund in the semiconductor industry.  Photo: Reuters
Since it was established in 2016, Wise Road Capital has emerged as an active Chinese buyout fund in the semiconductor industry.  Photo: Reuters
READ FULL ARTICLE