News - subcat

UK flogs its largest fab to the Chinese
Published in News


At least the Europeans didn't get it 

The UK's largest chip producer, Newport Wafer Fab, is set to be acquired by Chinese-owned semiconductor company Nexperia for around $87 million next week. The deal comes shortly after the crown jewel of the UK tech industry, ARM, agreed to be acquired by US chip giant Nvidia for $40 billion.