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U.K. Government Blocks Chip Deal by Chinese Firm

By
Juro Osawa
· · Source: Bloomberg

The U.K. government has blocked a Hong Kong-based company’s attempt to acquire a U.K. chip design software company citing national security risks. That Hong Kong-based company, according to Bloomberg, is effectively controlled by a Shanghai-based chip design software firm. The report highlights the U.K. government’s growing concerns about China’s continued efforts to gain access to...

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