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Chinese takeover of Newport Wafer blocked by British regulators

E&T

UK Business Secretary Grant Shapps has ordered Nexperia to sell its majority stake in Newport Wafer Fab, the Welsh semiconductor firm it acquired for £63m. . In July 2021, the firm completed its acquisition of Newport Wafer Fab, after purchasing 86 per cent of company shares, in addition to the 14 per cent it already possessed. .

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KLA Announces New R&D and Manufacturing Facility in Wales

Metrology

KLA Corporation has announced plans to build a new research-and-development and manufacturing center for the SPTS division, in Newport, Wales, UK. The new development designed to meet BREEAM standard of.

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US partnership to shore up South Australia’s shipbuilding capabilities

Manufacturer's Monthly

“But it is also an opportunity to create new opportunities to supply Australian skills and technology into supply chains in the US and UK. To do that – we need to make sure we have enough skilled workers.

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Newport semiconductor factory: ‘Losing these jobs would be devastating’

The Guardian Manufacturing

UK government blocked new Chinese ownership on security grounds, but Nexperia bosses had ‘planned to build two new plants’ The clean room in Newport, south Wales, is the size of a football field, but in the industry they call it a ballroom.

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US bans Huawei and ZTE equipment sales

E&T

The news is the latest development of a long -running technological dispute between Washington and Beijing, as US firms demand more government support to reduce reliance on components produced in Chinese factories. Other countries have also followed the US lead in restricting China's access to their technological markets.