UK's largest chip fab bought by China-owned firm

[koooowweeee]

You mean a faaaaaaaaaab

 

[CAT-THE-FIFTH]

From the Hexus article:

The Newport semiconductor production site was first established in 1982 and was originally named INMOS. In subsequent years it has been owned and operated by STMicroelectronics, International Rectifier and Infineon, before becoming NWF in 2017. The South Wales facility is capable of making power and compound semiconductor ICs on 200mm-diameter wafers and has a capacity of 35,000 wafers starts per month

AFAIK it's been mostly foreign owned anyway,so I suspect we couldn't do that much.

However the UK government didn't really block the sale of Imagination Technologies to China either, but you need to blame Apple for making this a reality.

 

[Doctord]

I wonder if they will do the norm and strip it down then rebuild in China

 

[Terminal_Boy]

I wish uk would stop selling our stuff to china, given the genocide their doing to their own ppl.

Key strategic industries should never been allowed to be sold to and/or managed by foreign interests.

 

[Alt0153]

Key strategic industries should never been allowed to be sold to and/or managed by foreign interests.

yeah but what about the sweet ££££

 

[Scougar]

Greed is making China/Russia life easy. They are both buying up debt, land and infrastructure in many countries.

They basically own entire smaller countries due to infrastructure loans at this point.

 

[Terminal_Boy]

yeah but what about the sweet ££££

Not much use when you find yourself in a trade war or real war with the country who controls your electricity supply.

 

[kevman]

Key strategic industries should never been allowed to be sold to and/or managed by foreign interests.

Fully agree - everything is for sale in the UK. There is no long term vision.

 

[rumple9]

The biggest crime is the fact that we invented Graphene at Manchester University (a wonder material that is going to change the world) but the government allowed all the patents to be sold to China