Westminster under fire for 'dither' over chip factory
The Guardian|January 29, 2024
Labour has criticised "dither and delay" from the government over a decision on a proposed takeover of the UK's largest semiconductor facility by a US company, warning that it could lead to further job cuts.
Jasper Jolly
Westminster under fire for 'dither' over chip factory

The fate of Newport Wafer Fab in south Wales has been unclear for nearly two years, since the UK government indicated it had concerns over a 2021 takeover by the Chineseowned Nexperia firm. These related to the ownership of semiconductor technology by a company with links to China. The government ordered Nexperia to sell the factory in November 2022, raising questions over its future. About 100 of 550 workers were made redundant or left.

The American semiconductor company Vishay Intertechnology eventually agreed to buy the factory in November 2023 for $177m (£139m).

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