fbpx

Type to search

UK Blocks Hong Kong Takeover of Chip Parts Firm – Guardian

The decision to stop the buyout is the UK’s latest move to protect its technological edge from Chinese ownership, The Guardian reported.


The UK has stopped a Hong Kong firm taking over Pulsic, a Bristol-based chip parts maker.
The UK has stopped a Hong Kong firm taking over Pulsic, a Bristol-based chip parts maker. Photo: Reuters.

 

The UK government has blocked a Hong Kong firm from acquiring a British semiconductor parts supplier due to national security concerns, according to a report by The Guardian.

The decision to stop Super Orange HK from buying out the Bristol-based Pulsic is Britain’s latest move to protect its technological edge from Chinese ownership, the report said.

Read the full report: The Guardian.

 

SEE MORE:

 

UK Business Shunning China as International Tensions Grow

UK Stops Vision Technology Sale to Chinese Company

UK Politicians Warn Against “Malign” China, Russia Tech Plans

 

 

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.

logo

AF China Bond