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U.S. Chip Start-Up Says Its Work With UK's Biggest Plant Came to a ‘Screeching Halt' After Chinese Takeover

Source: newsbreak.com newsbreak.com
News Snapshot:

Pennsylvania-based Ideal Semiconductor told CNBC it was getting silicon wafers processed at the Newport Wafer Fab in Wales up until the fab was acquired by Dutch firm Nexperia, which is 100% owned by Shanghai-headquartered Wingtech Technologies. Mark Granahan, Ideal Semiconductor's CEO, said the processing has "come to a screeching halt,"…

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