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Nexperia, a Chinese-owned technology company, seized control of Britain’s biggest semiconductor fab after forcing its owners to sell the facility when they failed to deliver on a contract. Executives at the facility had urged ministers to prevent the sale.https://www.telegraph.co.uk/technology/2021/07/05/britains-biggest-microchip-factory-sold-chinese-owned-tech-firm/ …
New analysis by @datenna of Wingtech's complex ownership structure shows that almost 30% of the total shareholding can be traced back to Chinese government entities.
https://www.datenna.com/the-acquisition-of-newportwaferfab/ …
Once again this Govt is in bed with China, why else would they allow the sale to go through; just one more piece of our security now under Chinese control. SPIKE 
The sale of Newport Wafer Fab is extraordinary on the back of the government's Huawei decision. Semiconductors are used in microchips for electronic devices such as computers, mobile phones, etc... It's handing dominance to communist China!
Once again HMG is shown to be all talk and no action
Cheap as chips. I suspect it will thrive in Nexperia's hands.
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