The Digital Source For China's Tech Innovation Since 2000

A new £300 million masterplan aims to stop a Chinese-owned company from acquiring the UK’s largest semiconductor manufacturing.

August 14, 2021
Source: brinkwire.com brinkwire.com
News Snapshot:
A new £300 million masterplan aims to stop a Chinese-owned company from acquiring the UK’s largest semiconductor manufacturing. A MOVEMENT is beginning to prevent the UK’s largest semiconductor manufacturer from being taken over by a Chinese company, citing national security concerns. The sale of Newport Wafer Fab’s south Wales business to Nexperia, a Dutch-founded but Chinese-owned technology company, provoked outrage among certain Tory MPs. Every week, the factory produces around 8,000 wafers, which are microchip boards used in computing. Companies domiciled in China are compelled by Chinese law to help the central government if requested. Boris Johnson ordered a national...
Go To Original Source →
Tags: acquisition | America | bid | blind | Business | CEO | China | Chinese | Computing | Dutch | factory | foundry | government | Imagination | IT | law | manufacturer | manufacturing | Microchip | national security | Netherlands | semiconductor | technology | United States | USA

Other Related News:

Nigel Farage is a hit on TikTok – but are young voters listening or laughing?

May 11, 2025

“Qt is everywhere” – we hear about the development framework secretly featuring on billions of devices across the world

May 11, 2025

Trump to embark on Middle East trip to meet Gulf allies

May 11, 2025

This Week in Explainers: How India-Pakistan reached the brink of war and then paused

May 11, 2025

National Technology Day: All you need to know aout the India’s Nuclear Might for UPSC Exam

May 11, 2025

A decade-long search for a battery that can end the gasoline era

May 11, 2025

History Today: How India became a nuclear nation with Pokhran tests

May 11, 2025

Inside Australia's Major Airport Expansion Programs

May 11, 2025

John and Alice Harper have run a clothes store in Manchester since 1996

May 11, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter