UK finally decides to probe Newport Wafer sale

After dragging its feet for nearly a year, the UK government has launched a national security investigation into China-backed Nexperia’s acquisition of Newport Wafer Fab.
“We welcome overseas investment, but it must not threaten Britain’s national security,” tweeted Business Secretary Kwasi Kwarteng on Wednesday.Today, I called-in the acquisition of Newport Wafer Fab by Nexperia, a subsidiary of a Chinese company.
There will now be a full assessment under the new National