The UK government has mandated that FTDI Holding Limited divest its investment in Future Technology Devices International Limited to protect national security concerns over semiconductor technology.
Following a thorough security assessment, the Chancellor of the Duchy of Lancaster concluded that FTDIHL's increased control of FTDI Limited constituted a potential threat to UK national interests.
The decision reflects a broader trend toward heightened scrutiny of foreign investments in sensitive sectors, particularly when national security is at stake.
The government's order aims to prevent UK-developed semiconductor technology from being utilized in a manner that poses risks to national security, following an investigation triggered by the acquisition.
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