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. Evening Standard · Nov 8, 2023
Why is China considered a threat to the UK and how is the Government responding? Prime Minister Rishi Sunak confronted Chinese premier Li Qiang hours after news emerged of two arrests under the Official Secrets Act. The Independent UK · Sep 10, 2023
What is a semiconductor? Rishi Sunak plans partnership with Japan The UK Government is reportedly set to announce a computer chip partnership with Japan, but what would this mean? Evening Standard · May 18, 2023
Company warns hundreds of jobs could go at Newport Wafer Fab if government blocks takeover The plant employs around 500 people Wales Online · Mar 26, 2023
Blocking Chinese takeover of UK chip firm ‘bad news’ for Wales, says boss Government ordered Nexperia to sell 86% of its shareholding in company formerly known as Newport Wafer Fab The Guardian - UK · Nov 17, 2022
Former owners of UK's biggest microchip firm Newport Wafer Fab poised to reacquire the plant It comes after the UK Government has ordered Nexperia to divest its ownership of the UK's biggest microchip plant based in Newport Birmingham Post · Nov 17, 2022
British chipmaker IQE urges government support for industry as Newport Wafer Fab review delayed again Business secretary Kwasi Kwarteng began a review into a deal to acquire the Newport Wafer Fab in May citing national security concerns Evening Standard · Sep 6, 2022
Kwarteng blocks takeover of Pulsic by Hong Kong rival over security concerns Business secretary says move to protect Bristol-based electronic design firm ‘necessary to mitigate the risk’ The Guardian - UK · Aug 18, 2022
Decision on sale of UK’s biggest chip maker to Chinese-owned firm delayed New national security legislation used to allow more time to scrutinise £63m deal for Newport Wafer Fab The Guardian - UK · Jul 6, 2022
Compound semiconconducter cluster needs swift decision on Newport Wafer Fab says Economy Minister Nexperia said it has invested £160m in its two UK fabs over the last 15 months Birmingham Post · Jun 21, 2022
Two Major Tech Deals Come Under UK Government Scrutiny The U.K. will review Altice USA Inc's (NYSE:ATUS) increased stake in BT Group plc (OTC:BTGOF) after Business Secretary Kwasi Kwarteng exercised new takeover powers focusing on national security, reports CNBC. The company announced that the U.K. Business Secretary Kwasi Kwarteng is "calling in" its deal with Altice, which telecom magnate Patrick Drahi owns. BT Group said it… Benzinga · May 26, 2022
Chinese acquisition of UK's leader microchip plant being reviewed on national security grounds The UK Government has confirmed an assessment of the deal by Chinese-owned firm Nexperia to acquire Newport Wafer Fab Birmingham Post · May 26, 2022
Kwasi Kwarteng launches inquiry into proposed takeover of Newport Wafer Fab The business secretary says deal will be scrutinised under new National Security and Investment Act The Guardian - UK · May 25, 2022
Government deepens probe into Chinese purchase of graphene maker Perpetuus Group Business secretary Kwasi Kwarteng has said the deal presents national security concerns and asked for further investigation The Independent UK · May 11, 2022
Birmingham Post · Apr 28, 2022 UK Government has small window to call in Chinese takeover of chip maker Newport Wafer Fab The UK Government said Nexperia's takeover of the South Wales chip maker is still being considered
Birmingham Post · Apr 21, 2022 US congressmen call for Chinese takeover of Welsh tech firm Newport Wafer Fab to be overturned on security grounds Nine congressmen have raised concerns with President Joe Biden over the takeover of microchip plant Newport Wafer Fab
Wales Online · Apr 21, 2022 Why one of Wales' leading tech firms needs to come out of Chinese ownership The UK Government needs to use legislation to intervene on the acquisition of Newport Wafer Fab by Nexperia
Birmingham Post · Apr 15, 2022 Why Boris Johnson needs to intervene on Chinese ownership of Newport Wafer Fab The Newport-based chip maker can become a key player in the role of fast-charging electric vehicle charging points
Wales Online · Apr 5, 2022 UK Government review into Chinese takeover of Newport company 'hasn't even started' Concerns have been raised about the deal
The Independent UK · Apr 1, 2022 Security review finds no grounds to block Chinese takeover of UK’s biggest microchip firm Senior Conservatives calling on Kwasi Kwarteng to block sale of Newport Wafer Fab to subsidiary of Chinese company