The Anti-Counterfeiting Forum will be co-hosting the Counterfeit Electronics and Materials Symposium at the Manufacturing Technology Centre in Coventry, UK, on 14-15 March 2023 alongside the U.S. electronics bodies, SMTA and CALCE. The event will focus on current...
Sales of semiconductor sensors are expected to continue to achieve double-digit YOY growth, driven by the popularity of smart embedded controls and rising sales prices due to semiconductor shortages, reports IC Insights. Tight supplies and shortages of sensors for...
As OEMs continue to struggle to secure essential components, engineering teams are being asked to consider component sourcing when developing the next generation of their products, reports EPS News. A recent survey found a majority – 74 percent – of global companies...
The IC market is expected to rebound in 2Q23 after a short bottoming out, reports IC Insights. "Given that the IC industry has never registered a four-quarter sequential IC market decline, expectations are high for a return to IC market growth beginning in 2Q23....
UK blocks Nexperia semiconductors sale to Chinese firm
The British government has blocked a Chinese-owned company’s £63m takeover of Nexperia, a Wales-based microchip maker, calling it a national security risk, reports the Daily Mail.
Last week Business Secretary Grant Shapps issued an order “requiring Nexperia to sell at least 86% of Newport Wafer Fab to prevent against potential national security risks.”
Nexperia said it was “shocked” by the decision and will appeal.
Under national security legislation introduced in January to prevent ‘those who may do us harm from acquiring parts of the UK’s economy’, the deal was called in for a review. As the new legislation covers deals only on or after November 12, 2020, Nexperia will retain the 14 per cent it bought in 2019.
Shapps said development of the Newport site by Nexperia could “undermine U.K. capabilities” in the sector.
Nexperia said it was “shocked” by the decision.
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.
For more help with looking at supply chain options, contact Astute Electronics