UK’s biggest chip plant sold by Chinese-owned firm after government order
Britain’s biggest chip plant has been bought by US semiconductor firm Vishay for $177mn. The Newport Wafer Fab in Wales was previously owned by Nexperia, which acquired the business in 2021. Nexperia is headquartered in the Netherlands, but the company is a subsidiary of China’s Wingtech. This ownership structure attracted intervention from UK lawmakers. Last year, […]
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