US Treasury says China private equity's Magnachip purchase poses security risks

US Treasury says China private equity's Magnachip purchase poses security risks 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. https://ift.tt/3kH6UJO https://ift.tt/3ywq22e Markets August 31, 2021 at 10:25AM