Questions asked about Chinese takeover of UK tech company

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 61%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Paranoia?

Ireland Ireland Latest News, Ireland Ireland Headlines