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

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

SHARE 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 ...

Apple Cuts Off China's Ofilm Over Xinjiang Labor - Vimarsana News

Apple Cuts Off China's Ofilm Over Xinjiang Labor

Apple Cuts Off China’s Ofilm Over Xinjiang Labor Bloomberg 4 days ago Bloomberg News © Bloomberg A customer holds an Apple Inc. iPhone 11 outside a store in San Francisco, California, U.S., on Friday, Oct. 23, 2020. The iPhone 12 and iPhone 12 Pro went on sale in stores, but with individual shopping sessions replacing the famous lines and crowds around locations. (Bloomberg) -- Apple Inc. has severed ties with Chinese component supplier Ofilm Group Co. over allegations it’s involved in a government program that transfers ethnic minorities from Xinjiang to other parts ...

Source: msn.com
Apple Said to Cut Ties With China's Ofilm Over Xinjiang Labor - Vimarsana News

Apple Said to Cut Ties With China's Ofilm Over Xinjiang Labor

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