Chinese Firm Behind the Purchase of the UK's Largest Chip Plant Warns Deal Is at Risk - NewsBreak

Home > Business
By Frank in Business
Updated 3 years ago

Shanghai-headquartered Wingtech warned shareholders in a note this week that "domestic and foreign industry policies" present a risk to the takeover of Newport Wafer Fab, which is located in South Wales. The warning comes after British Prime Minister Boris Johnson ordered Stephen Lovegrove, the U.K.'s national security advisor, to investigate...

chinese-firm-behind-the-purchase-of-the-uk-s-largest-chip-plant-warns-deal-is-at-risk-newsbreak