Aerial photo of the Newport Wafer Fab that Nexperia acquired over a year ago.  Photo: Handout
Aerial photo of the Newport Wafer Fab that Nexperia acquired over a year ago. Photo: Handout

UK blocks Chinese-led buyout of Newport Wafer Fab over national security concerns

  • Wingtech’s Dutch subsidiary will be forced to sell the 86 per cent of Newport Wafer Fab it bought in July 2021 for about US$75 million
  • It is the second Chinese takeover blocked by the UK’s new National Security and Investment Act, which came into force in January

Aerial photo of the Newport Wafer Fab that Nexperia acquired over a year ago.  Photo: Handout
Aerial photo of the Newport Wafer Fab that Nexperia acquired over a year ago. Photo: Handout
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