US Treasury says China private equity's Magnachip purchase poses security risks
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The U.S. Treasury Department said the acquisition of Magnachip Semiconductor Corp by a Chinese private equity firm posed "risks to national security," in another hurdle for Chinese companies trying to invest abroad in critical tech industries.
The U.S. Treasury Department said the acquisition of Magnachip Semiconductor Corp by a Chinese private equity firm posed "risks to national security," in another hurdle for Chinese companies trying to invest abroad in critical tech industries.
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