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Monday, 05 July 2021 11:39
UK flogs its largest fab to the Chinese
At least the Europeans didn't get it
The UK's largest chip producer, Newport Wafer Fab, is set to be acquired by Chinese-owned semiconductor company Nexperia for around $87 million next week. The deal comes shortly after the crown jewel of the UK tech industry, ARM, agreed to be acquired by US chip giant Nvidia for $40 billion.