Members of the upper house of the British parliament have questioned the government over the planned Chinese takeover of one of the UK’s biggest microchip factories, warning that the deal could threaten the UK’s “national resilience.” Newport Wafer Fab (NWF), based in Wales, specialises in manufacturing the more advanced compound semiconductors, which is the key…
UK Lords Challenge Government Over Chinese Takeover of Semiconductor Firm
April 7, 2022
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Chinese Takeover of UK Tech Firm Not Probed Despite Prime Minister’s Pledge: Lawmakers
April 5, 2022
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A security review pledged by Prime Minister Boris Johnson into a Chinese takeover of one of Britain’s biggest microchip factories does not appear to have taken place, a UK parliamentary committee has said. Newport Wafer Fab (NWF), based in Wales, specialises in manufacturing the more advanced compound semiconductors, which is the key technology used in…
UK Warned to Cool Links With China Over ‘New Cold War’ Fears
The UK needs to be wary about its relations with China as Beijing embarks on a new cold war, a former Australian prime minister and government trade adviser has warned. Tony Abbott, a member of the Board of Trade, said the Asian economic powerhouse was weaponising trade and urged Britain to guard against selling key…
UK Prime Minister Orders Security Review on Chinese Acquisition of UK’s Biggest Semiconductor Maker
July 9, 2021
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UK Prime Minister Boris Johnson has ordered a security review of the purchase of the UK’s largest producer of semiconductors by a Chinese-owned firm after the acquisition was widely criticized by Members of Parliament (MPs). Johnson said on July 7 that he has asked his national security adviser to probe into the purchase of Newport…
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