UK blocks Chinese takeover of Newport Wafer Fab

clock • 3 min read
UK blocks Chinese takeover of Newport Wafer Fab
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UK blocks Chinese takeover of Newport Wafer Fab

Nexperia must sell at least 86% of its stake in NWF, the government says, citing national security concerns

The government has ordered Chinese-owned technology firm Nexperia to sell at least 86% of its stake in Newport Wafer Fab (NWF) on grounds of national security. In an order [PDF] published on Wed...

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