Newport Wafer Fab: Restrictions blamed for proposed job losses

2023-09-06 03:22

Nexperia announce 100 job losses after it was told to sell its stake over national security worries.

A proposed loss of 100 jobs at the UK's largest chip plant has been blamed on UK government restrictions.

Chinese-owned Nexperia was ordered by UK ministers to sell its 86% stake in the Newport site due to national security concerns.

Semiconductors made at Newport Wafer Fab are used in millions...