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U.K. Probes Chinese Takeover of Country’s Biggest Chip Plant

  • Former Conservative leader calls deal an ‘investment disaster’
  • Blocking it could signal harder stance on Chinese investment
Semiconductor Production at X-Fab Silicon Foundries SE
Photographer: Nathan Laine/Bloomberg
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Britain’s national security advisor will examine the takeover of the country’s biggest semiconductor plant by a Chinese-owned company after lawmakers said it could threaten the country’s high-tech future.

Nexperia NV acquired Welsh-based Newport Wafer Fab, which makes semiconductors mainly for the car industry, on Monday.