A man visits a display at Semicon China, a trade fair for semiconductor technology, in Shanghai in March. Photo: Reuters
A man visits a display at Semicon China, a trade fair for semiconductor technology, in Shanghai in March. Photo: Reuters
Tech /  Tech War

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

Che Pan
Che Pan in Beijing

Updated: 1:58pm, 7 Jul, 2021

Why you can trust SCMP
A man visits a display at Semicon China, a trade fair for semiconductor technology, in Shanghai in March. Photo: Reuters
A man visits a display at Semicon China, a trade fair for semiconductor technology, in Shanghai in March. Photo: Reuters
READ FULL ARTICLE