Nexperia: Keep tech plant in Chinese hands, say staff

Australia News News

Nexperia: Keep tech plant in Chinese hands, say staff
Australia Latest News,Australia Headlines
  • 📰 BBCTech
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 55%

Nexperia has been ordered to sell its 86% stake in the Newport site, on national security grounds.

A UK government review found the takeover created two risks to national security - that it could "undermine UK capabilities" in producing compound semiconductors, and could "facilitate access to technological expertise and know-how".On Wednesday, staff association member and principal engineer Denis Knight, from Newport, told BBC Wales: "No-one expected this decision.

It said: "We are in disbelief that you have decided to order Nexperia to sell their semiconductor factory in Newport."Another of those in attendance was team leader Gaynor Clark, also from Newport.'Not privy to information'"They're a good company to work for, they've given us pay rises, they're putting money into building us new machines," she said."There's no future without them [Nexperia], every time we have a small company they go under.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BBCTech /  🏆 81. in UK

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Postmasters predict cuts and closures in the new yearPostmasters predict cuts and closures in the new yearRural postmasters say they are taking on second jobs in order to keep their branches open.
Read more »

West could end reliance on Chinese batteries by 2030, says Goldman Sachs\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
Read more »

West could end reliance on Chinese batteries by 2030, says Goldman Sachs\n\t\t\tJournalists in 50+ countries follow the constant flow of money made and lost in oil & gas while\n\t\t\ttracking emerging trends and opportunities in the future of energy. Don’t miss our exclusive\n\t\t\tnewsletter, Energy Source.\n\t\t
Read more »

Microsoft offered Sony a 10 year deal to keep Call of Duty on PlayStationMicrosoft offered Sony a 10 year deal to keep Call of Duty on PlayStationThe offer was made earlier this month to help push through the Activision acquisition.
Read more »

Microsoft says it offered Sony 10-year deal to keep Call of Duty on PlayStationMicrosoft says it offered Sony 10-year deal to keep Call of Duty on PlayStationAs intense government scrutiny of Microsoft's $69bn acquisition of Activision Blizzard continues, with many regulatory …
Read more »



Render Time: 2025-04-06 21:27:12