Sefa Ozel | E+ | Getty Images
LONDON — Nexperia, a Dutch chip firm owned by China’s Wingtech, confirmed on Monday that it ideas to receive the U.K.’s major chip producer, Newport Wafer Fab.
It will come just after two individuals shut to the offer informed CNBC on Friday that the acquisition would be formally announced early this 7 days.
Nexperia, which grew to become NWF’s second-largest shareholder in 2019, claimed the acquisition will support it to make far more chips and meet soaring need.
Achim Kempe, Nexperia’s main operations officer, said in a assertion: “The Newport facility has a