UK Stops Chinese Company From Buying Vision Sensing Technology IP
The U.K. issued an order halting the acquisition of intellectual property related to vision sensing technology by Chinese company Beijing Infinite Vision Technology Co., British business minister Kwasi Kwarteng said, Reuters reported. The order prevents Beijing Infinite from buying the…
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IP from the University of Manchester, which would have allowed the company to test, make and sell licensed products. The order was issued under the National Security and Investment Act. "There is potential that the technology could be used to build defence or technological capabilities which may present national security risk to the United Kingdom," the order said.