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The Latest Breaking News from Nexperia

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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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

Birmingham Post

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

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

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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

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

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

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

Birmingham Post

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

Wales Online

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

Birmingham Post

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news in one place.

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Wales Online

UK Government review into Chinese takeover of Newport company 'hasn't even started'

Concerns have been raised about the deal

The Independent UK

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

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