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”.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
