Web7 Jul 2024 · We value the semiconductor and tech clusters in South Wales and the north west. The additional £160m that Nexperia has decided to invest in the UK has made strides towards increasing the UK and global capacity of semiconductors for our valued customers. Web11 Jul 2024 · Chinese state-backed conglomerate Wingtech Technology is taking full control of the UK’s largest semiconductor foundry, Newport Wafer Fab (NWF), for £63 million. Wingtech has been a majority shareholder in NWF, which specialises in making chips for the car industry, since 2024 through its Dutch chip-maker subsidiary, Nexperia.
Gallagher, CTF Members Urge Biden to Prevent UK from Selling ...
Web6 Jul 2024 · Chinese-owned Nexperia has acquired Welsh semiconductor manufacturer Newport Wafer Fab (NWF), with one MP asking the government to explain why it is … Web4 May 2024 · The semiconductor industry is in the process of being reshaped by a sustained period of mergers and acquisitions. The past few years have seen hundreds of billions of … the wax extract
Nexperia obtains 100% ownership of Newport Wafer Fab, to be …
Web16 Aug 2024 · Details: The UK government gave Wingtech the green light to take over NWF’s parent company on Aug. 12, according to a Wingtech filing (in Chinese) to the Shanghai Stock Exchange. Wingtech said its acquisition of NWF had been closed as of Monday. It now fully owns the UK firm through Nexperia, Wingtech’s Dutch chip subsidiary. Web3 minute read November.17.2024 The UK government has exercised its powers under the UK’s national security and investment regime to unwind Chinese-owned Nexperia’s acquisition of Newport Wafer Fab (“NWF”), a semiconductor wafer factory located in Newport, Wales. Web3 Feb 2024 · THE fate of a semiconductor factory in Newport which employs hundreds of people still hangs in the balance pending any legal action over its sale, according to a new report. The UK Government has ... the wax example descartes