Newport Wafer Fab Debate
Full Debate: Read Full DebateLord Sarfraz
Main Page: Lord Sarfraz (Conservative - Life peer)Department Debates - View all Lord Sarfraz's debates with the Department for Business, Energy and Industrial Strategy
(2 years, 8 months ago)
Lords ChamberOf course, I cannot comment further on these transactions, as the noble Lord knows, but semiconductors are an important aspect of our industrial future. We have some excellent manufacturing companies in the UK, and we want that to continue.
My Lords, one of the stated objectives of a project awarded by Innovate UK to Newport Wafer Fab is to provide the UK with a novel sovereign gallium nitride capability. Can my noble friend tell the House how that capability can possibly remain novel, or indeed sovereign, following acquisition by a foreign state-backed entity?