UK probes Chinese takeover of Newport Wafer Fab, the country’s biggest chip plant

Source: Tech – South China Morning PostBritain’s national security adviser will examine the takeover of the country’s biggest semiconductor plant by a Chinese-owned company after lawmakers said it could threaten the country’s hi-tech future.Nexperia NV acquired Welsh-based Newport Wafer Fab, which makes semiconductors mainly for the car industry, on Monday.“We are looking into it. I have asked the national security adviser to review,” Prime Minister Boris Johnson told Parliament on Tuesday.The UK’s Enterprise Act gives the…Read More

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