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Tag: Hostile Takeovers

Nexperia, owned by Shanghai-based Wingtech, took over Newport Wafer Fab in July of 2021.
UK Government ‘Quietly’ Permits Chinese Takeover of Britain’s Largest Semiconductor Plant
The government of the United Kingdom declined to exercise newly-appointed national security powers to intervene in a case involving a hostile takeover of the country’s largest semiconductor manufacturer by a Chinese Communist Party-owned company.  On...