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The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport (Financial Times)

Photo of Grace Will Grace Will November 16, 2022
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The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport (Financial Times)
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Financial Times:

The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China’s Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport  —  Months of wrangling over chipmaker sees deal with China-owned company thwarted on national security grounds



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