Labour has criticised “dither and delay” from the government over a decision on a proposed takeover of the UK’s largest semiconductor facility by a US company, warning that it could lead to further job cuts at the Welsh factory.
The fate of Newport Wafer Fab in south Wales has been unclear for nearly two years since the UK government first indicated it had concerns over a 2021 takeover by the Chinese-owned Nexperia firm. The national security concerns related to the ownership of semiconductor technology by a company with links to China.
