Wingtech Technology Finishes Acquisition of U.K.’s Largest Chip Plant

(Source: VCG) 

Wingtech Technology, a Chinese chip making giant, announced on Monday that its subsidiary Nexperia had completed the acquisition of British chip manufacturer Newport Wafer Fab (NWF).

On July 5, the Dutch chip firm Nexperia signed an acquisition agreement with NWF. News of the deal immediately attracted the attention of the industry and many…