WebApr 1, 2024 · Voiced by artificial intelligence. LONDON — The U.K. government has quietly approved the controversial sale of a Welsh microchip factory to a Chinese-owned firm. Ministers have decided not to intervene in the takeover of Newport Wafer Fab, which makes semiconductors, following a review by the government’s national security adviser, … WebJul 20, 2024 · Newport Wafer Fab, a chip plant in Wales that's being sold to Chinese-owned Nexperia, has over a dozen U.K. government research contracts. The contracts are largely funded by Innovate UK, the U.K ...
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