Newport Wafer Fab: Nexperia
(asked on 7th July 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what assessment they have made of the takeover of Newport Wafer Fab by Nexperia; and whether they used the powers granted by the National Security and Investment Act 2021 in relation to this takeover.
Answered by
Lord Callanan
Parliamentary Under Secretary of State (Department for Energy Security and Net Zero)
This question was answered on 19th July 2021
The Government has considered this transaction thoroughly. We do not comment on the detail of commercial transactions or of national security assessments. The Government will continue to monitor the situation closely and will not hesitate to take action if needed.