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Chinese-backed company instructs US law firm after UK blocked microchip factory...
source link: https://www.telegraph.co.uk/business/2022/12/29/chinese-backed-company-instructs-us-law-firm-uk-blocked-microchip/
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Chinese-backed company instructs US law firm after UK blocked microchip factory takeover
Nexperia instructs Akin Gump following Grant Shapps' order to unwind £63m Newport Wafer Fab deal
29 December 2022 • 12:12pm
The takeover of Newport Wafer Fab was blocked on national security grounds
Credit: Matthew Horwood/Getty Images
A Chinese-backed company blocked from taking over Britain's biggest microchip factory has instructed a leading US law firm to challenge the Government's decision....
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