Source: Tech – South China Morning PostThe US Department of the Treasury said the acquisition of South Korean chip maker Magnachip Semiconductor Corp by a Beijing-based private equity fund poses a national security risk, casting a shadow on the US$1.4 billion deal and other efforts by Chinese companies to invest in hi-tech industries abroad.In a filing with the US Securities Exchange Commission (SEC) on Monday, New York-listed Magnachip said the Treasury Department, on behalf of the inter-agency Committee on Foreign Investment in…Read More