(London) London on Wednesday ordered a Chinese-owned company to sell its shares in Britain’s leading semiconductor maker, a move that is likely to spark opposition from Beijing.
“Following a detailed national security assessment, the Secretary of State for Business, Energy and Industrial Strategy (Grant Shapps) has decided to issue a ‘Final Order’ requiring Nexperia to sell at least 86% of Newport Wafer Fab to guard against potential national security risks,” a government spokesperson said in a statement.