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Chinese takeover of the UK’s biggest chip plant blocked on national security grounds

Chinese takeover of the UK's biggest chip plant blocked on national security grounds

The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said.

Sasirin Pamai | Istock | Getty Images

The U.K. government has blocked the takeover of the country’s largest microchip factory by a Chinese-owned firm over concerns it may undermine national security.

Grant Shapps, minister for business, energy and industrial strategy, on Wednesday ordered Dutch chipmaker…


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New AWS global accelerator to address healthcare workforce needs

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Grand Slam of Darts: Raymond van Barneveld and Gerwyn Price to meet again in Wolverhampton

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