Questions asked about Chinese takeover of UK tech company

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Are flow sensors such a big deal? In any case, MP invokes National Security and Investment Act

A UK Member of Parliament has called on government to review the purchase of a Cambridge-based fabless semiconductor biz which turns out to have been taken over by a Chinese organization with links to the state.

Furthermore, it turns out that Zhenxin Equity is a subsidiary of Baoding Investment, a company founded in 2000 that has both private ownership and is partly owned by the Chinese state, according to SCMP.

 

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