Tag: Wingtech

UK Lords Challenge Government Over Chinese Takeover of Semiconductor Firm

April 7, 2022
Boris JohnsonChinaChina Business & EconomyChinese RegimeHouse of LordsHuaweiLord AltonNewport Wafer FabNexperiatechnologyUKWingtechWorld
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Members of the upper house of the British parliament have questioned the government over the planned Chinese takeover of one of the UK’s biggest microchip factories, warning that the deal could threaten the UK’s “national resilience.” Newport Wafer Fab (NWF), based in Wales, specialises in manufacturing the more advanced compound semiconductors, which is the key…

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Chinese Takeover of UK Tech Firm Not Probed Despite Prime Minister’s Pledge: Lawmakers

April 5, 2022
5GBoris JohnsonBusiness & EconomyChinaChina Business & EconomyChinese Regimechinese takeoverCompaniesEurope-China RelationsHouse of CommonsHuaweiInternational RelationsmicrochipsNewport Wafer FabNexperiasemiconductorTechTech NewstechnologyTom TugendhatUKWingtechWorld
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A security review pledged by Prime Minister Boris Johnson into a Chinese takeover of one of Britain’s biggest microchip factories does not appear to have taken place, a UK parliamentary committee has said. Newport Wafer Fab (NWF), based in Wales, specialises in manufacturing the more advanced compound semiconductors, which is the key technology used in…

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UK Prime Minister Orders Security Review on Chinese Acquisition of UK’s Biggest Semiconductor Maker

July 9, 2021
Boris JohnsonBusiness & EconomyChinaChinese RegimeInternational RelationsNewport Wafer FabNexperiaNWFsemiconductorUKWingtechWorld
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UK Prime Minister Boris Johnson has ordered a security review of the purchase of the UK’s largest producer of semiconductors by a Chinese-owned firm after the acquisition was widely criticized by Members of Parliament (MPs). Johnson said on July 7 that he has asked his national security adviser to probe into the purchase of Newport…

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