Newport Wafer Fab faces float calls after UK blocks Chinese takeover
The future of Newport Wafer Fab hangs in the balance after Nexperia, which is owned by China's Wingtech Technology, was told to reduce its stake.
Source: dailymail.co.uk
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Germany prohibits sale of two companies to Chinese investors – FDI scrutiny in full swing | White & Case LLP
In an unprecedented double-strike, the German government recently blocked two transactions pertaining to Chinese investments in German semiconductor facilities. Just two weeks before,...
Source: jdsupra.com
China Accuses UK of 'Abusing State Power' to Block Microchip Factory Takeover
The UK's Department for Business, Energy and Industrial Strategy ordered Nexperia, a Dutch subsidiary of China's Wingtech, to sell its controlling stake in a... 18.11.2022, Sputnik International
Source: sputniknews.com
UK blocks Chinese takeover of Newport Wafer Fab
Nexperia must sell at least 86% of its stake in NWF, the government says, citing national security concerns
Source: computing.co.uk
UK Government Orders Chinese Firm to Sell Acquired Welsh Semiconductor Plant
The UK government on Wednesday ordered a Chinese company to sell most of a Welsh semiconductor plant it ...
Source: theepochtimes.com