- Jul 27, 2015
- 5,459
- Content source
- https://www.bbc.com/news/uk-wales-57725053
Newport Wafer Fab is an electronics firm which produces semiconductors and employs 450 people at its site in Tredegar Park. It has been bought by Nexperia - which already has a site in Manchester. Dr Drew Nelson, Newport Wafer Fab's outgoing chairman, said the deal was a "key part" of the industry in south Wales. Nexperia is a Chinese owned company with headquarters in the Netherlands. Production at the Tredegar Park area began in the 1980s when it originally made silicon chips.
In 2017, the 10 councils that make up the Cardiff Capital Region announced £38 million for a facility, or foundry, in Newport to make compound semiconductors which go into robotics, 5G and driverless cars.
Welsh semiconductor firm bought by Chinese company
Electronic firm Newport Wafer Fab began producing silicon chips in the 1980s.
www.bbc.com