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The Latest Breaking News from Nexperia

Business Brief (Oct. 13): Beijing Decries U.S. ‘Double Standards’ on Trade Controls

China to levy special port fees on U.S. ships, Dutch government orders asset freeze at Chinese-owned Nexperia

Caixin Global

Netherlands invokes rare emergency law to take charge of Chinese chipmaker

The Dutch government has taken temporary control of Chinese-owned chipmaker Nexperia under emergency legislation, citing risks to national and European security and marking one of the most forceful state interventions in Europe’s tech sector to date.

Euronews

Ransomware attack hits top chipmaker Nexperia, huge hoard of data set to be leaked

A terabyte of Nexperia data could soon leak to the dark web, unless the ransom demand is met.

TechRadar

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Welsh semiconductor factory ‘left in limbo’ as Westminster fails to approve US takeover

Labour criticises government ‘dithering’, after Vishay deal last autumn to buy chip maker Newport Wafer Fab stalls, putting jobs at risk

The Guardian - UK

UK plans U-turn on powers to halt company takeovers on national security grounds

Change of tack has government treading fine line between being ‘more business friendly’ and defending national interest

The Guardian - UK

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

Chinese owners of Welsh microchip plant Nexperia look at sale options

The UK Government has ruled that Nexperia sells the plant on national security grounds but the firm still intends to fight the decision through a judicial review

Wales Online

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Nexperia appoint advisers to look at possible sale of its Newport microchip factory

The company is still seeking to overturn a divestment ruling from the UK Government through a judicial review

Birmingham Post

Tech firm SPTS to create 200 new jobs as part of new £81m HQ in Newport

The firm is currently building a new 200,000 sq ft facility in Newport's Celtic Lakes

Birmingham Post

Company warns hundreds of jobs could go at Newport Wafer Fab if government blocks takeover

The plant employs around 500 people

Wales Online

Lack of support denting prospects for UK computer chip sector, say MPs

Call for semiconductor industry plan to be published urgently to help keep Britain in global supply chain

The Guardian - UK

Newport semiconductor factory: ‘Losing these jobs would be devastating’

UK government blocked new Chinese ownership on security grounds, but Nexperia bosses had ‘planned to build two new plants’

The Guardian - UK

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

The UK's biggest microchip plant in Newport could be reacquired by former owners following UK Government's security risk ruling

Chinese owned Nexperia has been ordered by Business Secretary Grant Shapps to sale its stake in the Newport factory

Wales Online

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Birmingham Post

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

Decision on takeover of Newport Wafer Fab on national security grounds delayed

Business Secretary Kwasi Kwarteng has confirmed a further 45 working days to assess the acquisition of Newport Wafer Fab, which is ultimately-owned by Chinese firm Wingtech

The Guardian - UK

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

Birmingham Post

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

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Benzinga

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…

Birmingham Post

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

The Guardian - UK

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

Birmingham Post

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

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

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

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

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