TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

UK ministers quietly approve Chinese microchip factory takeover

7 pointsby theduder99about 3 years ago

2 comments

car_analogyabout 3 years ago
&gt; Lovegrove concluded there were not enough security concerns to block it, according to two government officials.<p>Each <i>individual</i> sale is not a concern. It&#x27;s the overall trend that&#x27;s worrisome.
theduder99about 3 years ago
The British government has reportedly approved the sale of the United Kingdom’s largest microchip factory to a firm owned by the Chinese Communist Party (CCP), despite concerns over national security.<p>Newport Wafer Fab (NWF) in Wales, which was forced last year to sell its factory to after failing to pay its debts, will apparently be allowed by the government to be sold to the Chinese-owned firm Nexperia.