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UK Approves Newport Wafer Fab Sale To US Vishay Intertechnology

Government approves sale of UK's largest chip-making facility to US firm, after blocking sale to Chinese owned entity

Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 08/09/2023.

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National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues

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Dutch chipmaker Nexperia (owned by a Chinese firm) is ordered to sell majority stake in Newport Wafer Fab on national security grounds

Another delay to the government making a decision whether to allow a Chinese entity to acquire UK's largest chip factory

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More delays to the national security probe into the acquisition of Newport Wafer Fab by a Chinese owned entity

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Amid a national security review, British chip executives are reportedly preparing a rescue bid for Welsh chip firm Newport Wafer Fab

Government delays decision over whether the UK's largest maker of chips can be purchased by Dutch firm, which is Chinese-owned

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Newport Wafer Fab has over a dozen UK government research contracts, including a defence contract, despite being sold to Chinese-owned Nexperia

Acquisition of UK’s largest largest chip producer by a Chinese owned firm has prompted Prime Minister Boris Johnson to order a review

National security? Newport Wafer Fab in Wales sold to Dutch chip firm, which in turn is owned by China’s Wingtech