Government approves sale of UK's largest chip-making facility to US firm, after blocking sale to Chinese owned entity

Government approves sale of UK's largest chip-making facility to US firm, after blocking sale to Chinese owned entity
Welcome to Silicon UK Pulse – your roundup of the latest tech news and developments impacting your business for the week ending 08/09/2023.
National security restrictions blamed as Welsh chip factory proposes to axe 100 jobs, as search for new owner continues
Dutch chipmaker Nexperia (owned by a Chinese firm) is ordered to sell majority stake in Newport Wafer Fab on national security grounds
More delays to the national security probe into the acquisition of Newport Wafer Fab by a Chinese owned entity
Amid a national security review, British chip executives are reportedly preparing a rescue bid for Welsh chip firm Newport Wafer Fab
Government delays decision over whether the UK's largest maker of chips can be purchased by Dutch firm, which is Chinese-owned
After previously expressing its concern, the British Government now confirms a national security review of French billionaire's stake in BT
Last year's promised national security review of the purchase UK’s largest chip producer never materialised, but it will now says government
Newport Wafer Fab has over a dozen UK government research contracts, including a defence contract, despite being sold to Chinese-owned Nexperia
Acquisition of UK’s largest largest chip producer by a Chinese owned firm has prompted Prime Minister Boris Johnson to order a review
National security? Newport Wafer Fab in Wales sold to Dutch chip firm, which in turn is owned by China’s Wingtech