Newport Wafer Fab

Lord Campbell of Pittenweem Excerpts
Thursday 7th April 2022

(2 years, 10 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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I am sorry, but that comment is unwarranted. This is a commercial transaction between a company called Nexperia and Newport Wafer Fab. There are a lot of jobs involved—people are employed by Newport Wafer Fab—and this is an important issue. The Government will consider it properly with appropriate due diligence, based on the advice from a number of other government departments and from the National Security Adviser. The Business Secretary will take a decision in due course.

Lord Campbell of Pittenweem Portrait Lord Campbell of Pittenweem (LD)
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My Lords, did not the Prime Minister announce on 7 July last year an investigation and a review into this matter? What has happened to that review?

Lord Callanan Portrait Lord Callanan (Con)
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The Prime Minister announced that the National Security Adviser would be asked to look at the transaction, and he is indeed doing that.