A man visits a display at Semicon China, a trade fair for semiconductor technology, in Shanghai in March. Photo: Reuters
UK chip maker Newport Wafer Fab now Chinese-owned thanks to Wise Road Capital, a little-known venture capital fund
- Wise Road Capital appeared on the radar in 2017 when it acquired the standard products business of NXP for US$2.75 billion, renaming the unit Nexperia
- Although Beijing quickly granted approval for Wise Road to acquire MagnaChip, the deal is now under review by Seoul after CFIUS temporarily blocked it
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A man visits a display at Semicon China, a trade fair for semiconductor technology, in Shanghai in March. Photo: Reuters