The move follows an alleged attempt by a Chinese state-owned business to take control of the board of British chipmaker Imagination Technologies in April
The government should try to bring about a purchase of the firm by somebody else in a Western country, Davis suggests
The US government has also ordered an urgent probe into the matter
Chinese investor is planning to appoint its four representatives as directors in Imagination's board
Imagination shares tank by 70 per cent following announcement
Samsung uses ARM Mali graphics processing in latest Exynos 5 in preference to Imagination's PowerVR
MIPS opens talks with mobile chip maker CEVA over 'superior' $75m bid
Microsoft, Intel, Google, Samsung, Facebook and others named as potential buyers of AMD - or its patents
ARM takes patent portfolio, while Imagination acquires the MIPS business