U.S. Treasury says China private equity’s Magnachip purchase poses security risks

SEOUL — 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. In March, Chinese private equity firm Wise Road Capital agreed to acquire system chip manufacturer Magnachip in […]
Read More

Get A FREE Copy Of My Special Report
“Can Your Retirement Survive” Today!
There's Absolutely $0 Cost To You!
We Even Pay For Shipping & Handling!

This post contains affiliate links. If you use these links to buy something we may earn a commission. Thanks.”

You May Also Like