Newport Wafer Fab: Restrictions blamed for proposed job losses
BBC 2023-09-05 18:56:00 • 3 mins
A proposed loss of 100 jobs at the UK's largest chip plant has been blamed on UK government restrictions.
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 of electronic products, from smartphones to household equipment and cars.
The company was bought by Dutch-based firm Nexperia, a subsidiary of Chinese firm Wingtech, in July 2021.
The company is now trying to sell the site in line with these directions. The UK government have been asked to comment on the proposed job losses.
- Job fears as Chinese told to sell microchip plant
- Chinese ownership of Newport microchip plant a 'security risk'
Bosses had described losses among the 500 staff as "inevitable" after the firm was ordered to sell its controlling stake in November 2022.
