UK’s Largest Chipmaker Acquired by Chinese-Owned Nexperia Amid Ongoing Semiconductor Crisis

(Source: Nexperia)

Representatives from Nexperia, a subsidiary of Shanghai-based Wingtech Technology, announced on Monday their acquisition of the largest producer of semiconductors in the UK, Newport Wafer Fab (NWF). Following the agreement’s implementation, the Welsh facility is to be redubbed “Nexperia Newport”.

According to unnamed sources cited by CN…