09 May 2022 -

Britain risks chip-making future over Newport wafer fab – The Times

semiconductor manufacturing

Amid a global silicon shortage, is the UK missing its best shot to build a high-tech industry, asked yesterday’s Sunday Times.

According to reports, a review into the planned takeover of a Newport company, NWF, by a Chinese-owned firm, Nexperior, is being delayed, despite the Prime Minister’s assurance he had commissioned such a report. Concerns have been raised about the takeover of Newport Wafer Fab by Nexperia, a company with links to the Chinese Communist Party, over fears it could compromise national security.

Nexperia’s acquisition of NWF is a clear example of the incredibly complex regulatory environment surrounding semiconductor M&A. NWF is the UK’s largest producer of silicon wafers and specialises in high-end silicon semiconductor chips. In July 2021, Nexperia announced that it had acquired 100% ownership of NWF. Nexperia is a Dutch company, however it is ultimately owned by Wingtech Technology, a Shanghai listed company.

The Foreign Affairs Committee of the UK House of Commons issued a report recommending that the UK Government call in the acquisition for urgent review and the Prime Minister announced a review by the National Security Advisor. Unusually, this review appears to be conducted outside the UK’s new (and very broad) National Security and Investment Act regime which came into force in January 2022.

For more help with looking at supply chain options, contact Astute Electronics

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

Related News

22 Jul 2024 - Industrial

Global Semiconductor Market Soaring, Projected to Surpass $1 Trillion by 2030

Read more

18 Jul 2024 - General

New N-Channel GaN FETs from Central Semiconductor

Read more

18 Jul 2024 - General

New Study Unveils Significant Value of Authorised Electronics Distributors

Read more

16 Jul 2024 - Defence

Astute Group Strengthens Embedded Computing Portfolio with AiTech Systems Distribution Deal

Read more

10 Jul 2024 - General

Counterfeit GPUs on the Rise: A Growing Concern for the Electronics Industry

Read more

09 Jul 2024 - General

DRAM Prices Skyrocket Amidst AI Boom and Production Shifts: A Deep Dive into the Memory Market

Read more