Tag: #NationalSecurity #Technology #Semiconductors #ForeignInvestment #UKTech

UK Moves to Safeguard National Security in Tech Sector

In a decisive action reflecting heightened national security concerns, the UK government has mandated that Future Technology Devices International Holding Ltd, a Chinese-registered firm, divest its majority stake—80.2%—in the Scottish semiconductor company FTDI. This move aims to protect the nation’s technological assets from potential risks associated with foreign control, particularly in industries deemed vital to […]

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