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Evening Standard
Evening Standard
Business
Simon Hunt

Chipmaker Vishay buys Newport Wafer Fab in $177 million deal

The UK's largest chipmaking facility has been bought by American semiconductor firm Vishay in a $177 million deal.

Newport Wafer Fab in South Wales, which makes semiconductors used in a host of electronic products including for smartphones and cars, was earlier this year put up for sale after the government ordered Chinese-owned firm Nexperia to give up its control of the plant on national security grounds.

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