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China-backed Nexperia bids to acquire U.K.'s largest semiconductor fab in cut-price deal

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China is looking to get its hands on more semiconductor manufacturing technology through a cut-price deal that will see the Dutch chip maker Nexperia B.V. acquire U.K.-based Newport Wafer Fab.
Nexperia, which is owned by the Chinese private equity firm Wingtech Technology Co. Ltd., is already the second-largest shareholder in NWF, CNBC reported. Nexperia Chief Operations Officer Achim Kempe said that acquiring NWF, the largest chip producer in the U.K., would help it to make more chips and meet soaring demand for its products.
“The Newport facility has a very skilled operational team and has a crucial role to play to ensure continuity of operations,” Kempe told CNBC. “We look forward to building a future together.” ....

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UK's largest chip plant acquired by Chinese-owned Nexperia

UK's largest chip plant acquired by Chinese-owned Nexperia
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Chinese-Owned Nexperia Confirms Acquisition of UK's Largest Chip Plant

Chinese-Owned Nexperia Confirms Acquisition of UK's Largest Chip Plant
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Chinese-owned Nexperia confirms acquisition of UK's largest chip plant

Chinese-owned Nexperia confirms acquisition of UK's largest chip plant
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UK's largest chip plant is set to be acquired by Chinese-owned firm Nexperia amid global semiconductor shortage

UK's largest chip plant is set to be acquired by Chinese-owned firm Nexperia amid global semiconductor shortage
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