	paper says u s may seek to curb foreign takeovers the reagan administration will consider curbing foreign takeovers of security sensitive industries such as semiconductors and computers the new york times said quoting an unnamed senior administration official i think there s a strong sentiment here that some industries are not totally up for grabs the paper quoted the official as saying two of the most visible industries are semiconductor and computer companies said the official who the newspaper said was a central figure in the opposition to japan s fujitsu ltd itsu t takeover bid for fairchild semiconductor corp the fairchild fujitsu deal was abandoned on monday and industry analysts said the move was a victory for the reagan administration in its drive to beat back japanese competition in the important computer chip manufacturing industry officials told reuters last week that commerce secretary malcolm baldrige and defence secretary caspar weinberger fought the planned sale of fairchild by french controlled schlumberger ltd slb to japan s largest computer maker because it could have left the u s military dependent on foreign sources for vital technology the new york times quoted baldrige as saying the time had come to limit takeovers in security sensitive areas everybody wants an open investment policy but there have to be some exceptions for the national interest baldrige was quoted as saying the newspaper said baldrige and weinberger are expected to bring the takeover issue before a top level interagency policymaking group such as treasury secretary james baker s economic policy council or the president s national security council reuter 
