U.S. chip start-up says its work with UK’s biggest plant came to a ‘screeching halt’ after Chinese takeover

A U.S. semiconductor start-up says its relationship with the U.K.’s largest chip plant ended abruptly when Chinese-owned Nexperia took over in July. Pennsylvania-based Ideal Semiconductor told CNBC it was getting silicon wafers processed at the Newport Wafer Fab in Wales up until the fab was acquired by Dutch firm Nexperia, which is 100% owned by Shanghai-headquartered Wingtech Technologies.
Read more: https://www.cnbc.com/2021/08/13/nexperia-takeover-of-newport-wafer-hurt-us-firm-ideal-semiconductor.html?source=Snapzu