Jacob Rees-Mogg considering reversing Chinese-backed takeover of Welsh microchip firm.
The Commons Foreign Affairs Committee said in April that they were concerned that the sale would place one of the UK’s “prized assets” going to a “strategic competitor” as the company is wholly owned by a Chinese company called Wingtech.
#China #microchips
https://nation.cymru/news/jacob-rees-mogg-considering-reversing-chinese-backed-takeover-of-welsh-microchip-firm/