security

China's Wingtech to sell U.K. chipmaking plant amid security concern – Nikkei Asia


GUANGZHOU — China’s Wingtech Technology said Thursday it has agreed to sell British semiconductor fab Nexperia Newport to U.S. chip company Vishay Intertechnology, following a U.K. government order to unload the facilities on security grounds.

The sale price for Nexperia Newport, also known as Newport Wafer Fab, is set at $177 million, with the deal to be completed next year.





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