Chinese ownership of Newport chip fab dubbed “first order strategic issue”

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Back in 2017, in an effort to boost the Welsh economy and carve out a piece of emerging tech markets like robotics and 5G, ten councils in the Cardiff Capital Region announced plans to build a £38 million semiconductor factory in Newport. Fast forward four years and, at the beginning of this month, it was announced that the business would be acquired by Nexperia, a Chinese-owned company based in the Netherlands…

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