Newport Wafer Fab: Nexperia

Department for Business, Energy and Industrial Strategy written question – answered on 18th July 2022.

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Photo of Lord West of Spithead Lord West of Spithead Labour

To ask Her Majesty's Government whether the decision of the Secretary of State for Business, Energy and Industrial Strategy regarding the merger of Nexperia and Newport Wafer Fab will be taken prior to the publication of their Semiconductor Strategy.

Photo of Lord West of Spithead Lord West of Spithead Labour

To ask Her Majesty's Government to what extent the decision regarding the merger of Nexperia and Newport Wafer Fab will be based on (1) the risk of Chinese ownership of the UK semiconductor industry, or (2) the risk of damage to the UK semiconductor industry.

Photo of Lord Callanan Lord Callanan Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

On 25 May, the Secretary of State called in the acquisition by Nexperia of Newport Wafer Fab for a full national security assessment under the National Security and Investment Act. That process is underway and will proceed in line with statutory timescales. It would not be appropriate to comment further on the Government’s assessment at this stage.

Separately to this case, the Department for Digital, Culture, Media and Sport is undertaking a review of the semiconductor sector, working closely with industry experts and representative bodies. The outcome of that review will be concluded later in the year.

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