Category: NWF

UK Prime Minister Orders Security Review on Chinese Acquisition of UK’s Biggest Semiconductor Maker

July 9, 2021
Boris JohnsonBusiness & EconomyChinaChinese RegimeInternational RelationsNewport Wafer FabNexperiaNWFsemiconductorUKWingtechWorld
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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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Cancel China’s Purchase of UK Computer Chip Fab

July 5, 2021
Chinachip technologyNWFOpinionThinking About ChinaUKViewpoints
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Commentary China is about to acquire ownership of Britain’s largest computer chip design and manufacturing facility (known as a “fab”) for the low price of $87 million this week, according to CNBC sources. As is typical in such deals, Beijing seeks control over the fab, and as much of its technology as possible, through gradualism…

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