2022-04-01
UK ministers quietly approve Chinese microchip factory takeover | Politico @CatherineWest1: “It is deeply concerning that the U.K. government appears to be giving the green light for a Chinese owned firm buying a British business of such importance.” https://www.politico.eu/...
Politico
Sources: the UK quietly approved the controversial sale of Welsh microchip factory Newport Wafer Fab to Nexperia, the Dutch subsidiary of China's Wingtech
LONDON — The U.K. government has quietly approved the controversial sale of a Welsh microchip factory to a Chinese-owned firm.