Article 5N9EP UK firms may buy Welsh computer chip maker if Chinese takeover fails

UK firms may buy Welsh computer chip maker if Chinese takeover fails

by
Jasper Jolly
from Technology | The Guardian on (#5N9EP)

Technology executive Ron Black says nine companies are willing to join consortium in purchase of Newport Wafer Fab

Three more British companies have said they are willing to join a group to buy the Welsh semiconductor manufacturer Newport Wafer Fab if the UK government blocks a takeover by a Chinese-owned company on national security grounds.

The technology executive Ron Black said the new companies had come forward after he revealed the existence of a six-member consortium willing to act as a white knight" if Nexperia's purchase of the south Wales company fell through.

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