UK’s Biggest Semiconductor Plant Acquired by Chinese Owned Company

A researcher plants a semiconductor on an interface board during a research work to design and develop a semiconductor product at Tsinghua Unigroup research center in Beijing on Feb. 29, 2016. Kim Kyung-Hoon/Reuters

A Chinese-owned company said on Monday that it had acquired the UK’s largest manufacturer of silicone and semiconductor. The deal has triggered warnings from MPs.

Nexperia, a Dutch-based semiconductor manufacturer wholly owned by China’s Wingtech Technology, confirmed on Monday that it had obtained 100 percent ownership of Welsh semiconductor plant Newport Wafer Fab (NWF), and will rename it “Nexperia Newport.”