Following mounting pressure from Washington, the UK decided to ban Huawei and other vendors it considered to be a high security risk from its 5G networks in 2020. In November, after months of prevaricating, the Government blocked the sale of Newport Wafer Fab, the UK’s largest semiconductor plant, to Chinese-owned Nexperia. It also bought the Chinese state-owned power group CGN out of its stake in the Sizewell C nuclear energy project in Suffolk. Under a long-standing deal, CGN, which the … read more »
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