Semiconductors: Chinese takeover of UK's leading chipmaker doesn't need a security review – here's why
- Written by Hamza Mudassir, Visiting Fellow in Strategy, Cambridge Judge Business School
Chinese state-backed conglomerate Wingtech Technology is taking full control of the UK’s largest semiconductor foundry, Newport Wafer Fab (NWF), for £63 million. Wingtech has been a majority shareholder in NWF, which specialises in making chips for the car industry, since 2019 through its Dutch chip-maker subsidiary, Nexperia. But it...