2022-04-01
Former security official: “What NWF do at the moment is not that exceptional... but it is part of an existing industrial base which is capable of developing further at a lower cost, and if you sell it to the Chinese, then it's gone from your strategic orbit of control”
Politico
Sources: the UK quietly approved the controversial sale of Welsh microchip factory Newport Wafer Fab to Nexperia, the Dutch subsidiary of China's Wingtech
LONDON — The U.K. government has quietly approved the controversial sale of a Welsh microchip factory to a Chinese-owned firm.
EXC: The government has quietly approved the sale of Newport Wafer Fab, the UK's biggest microchip factory, to a Chinese owned company Boris Johnson had asked his national security adviser Stephen Lovegrove to look again at the deal last summer https://www.politico.eu/...
Politico
Sources: the UK quietly approved the controversial sale of Welsh microchip factory Newport Wafer Fab to Nexperia, the Dutch subsidiary of China's Wingtech
LONDON — The U.K. government has quietly approved the controversial sale of a Welsh microchip factory to a Chinese-owned firm.