Newport Wafer Fab: Job fears as Chinese told to sell microchip plant

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Newport Wafer Fab: Job fears as Chinese told to sell microchip plant
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Nexperia boss Tony Versluijs says it is inevitable staff will go if it has to sell the factory.

It was, he said, wrong for the UK's semiconductor industry and for the taxpayer.

The microchips made at Newport Wafer Fab, called semiconductors, let electricity flow through devices, and are key to smartphones, laptops and other tech.Cybersecurity expert Dominique Lazanski said that stemmed from how China could exploit control of the company."Most Chinese companies, 99.9% of them, have some sort of influence into them from the Chinese Communist Party," she said.

"When a Chinese company or a subsidiary goes and tries to buy a company that makes specific technology and holds specific intellectual property, that's a concern," she said. The UK government said its concerns centred around the threat of "undermining UK capabilities" in making semiconductors.

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