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Blocking Nexperia chip-factory deal essential to protect UK semiconductor sector, government says

By Victoria Ibitoye ( November 17, 2022, 17:12 GMT | Insight) -- Ordering Chinese-owned Nexperia to sell off a Welsh chip-making plant that it bought last year was vital to protect the UK's semiconductor industry, the UK government said today as it fought off accusations of a U-turn on the deal. Nexperia has said it will fight the decision, which could see a judicial review claim lodged at the High Court.Ordering Chinese-owned Nexperia to sell off a Welsh chip-making plant that it bought last year was vital to protect the UK's semiconductor industry, the UK government said today as it fought off accusations of a U-turn on the deal....

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