Chinese-owned firm acquires UK’s largest semiconductor manufacturer

Tory MP Tom Tugendhat has raised concerns about deal in light of global computer chip shortage

The UK’s largest producer of semiconductors has been acquired by the Chinese-owned manufacturer Nexperia, prompting a senior Tory MP to call for the government to review the sale to a foreign owner during an increasingly severe global shortage of computer chips.

Nexperia, a Dutch firm owned by China’s Wingtech, said on Monday that it has taken full control of Newport Wafer Fab (NWF), the UK’s largest producer of silicon chips, which are vital in products from TVs and mobile phones to cars and games consoles.

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