Semiconductors: Foreign Investment in UK

(asked on 6th December 2023) - View Source

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what assessment she has made of the implications for her policies of investments made by Beijing Jianguang Asset Management Co. Ltd in the UK semiconductor supply chain.


Answered by
Saqib Bhatti Portrait
Saqib Bhatti
Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
This question was answered on 11th December 2023

A reliable supply of semiconductors is essential to the UK economy, enabling everything from the energy network to our communications infrastructure. The Government supports foreign direct investment into the sector, but where necessary will not hesitate to take action to prevent national security risks using the full range of levers available, including the National Security and Investment Act.

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