Grant Shapps takes urgent action after identifying ‘national security risk’ from China

The Business Minister ordered Chinese-owned technology company Nexperia to sell at least 86 percent of its shares in Britain’s biggest microchip factory, Newport Wafer Fab, following a national security assessment.

​The Business Minister ordered Chinese-owned technology company Nexperia to sell at least 86 percent of its shares in Britain’s biggest microchip factory, Newport Wafer Fab, following a national security assessment.