Government consent for the acquisition of Newport Wafer Fab by Vishay has finally been given by Deputy Prime Minister and Secretary of State in the Cabinet Office Oliver Dowden.
The site has now been renamed Newport Vishay.
Vishay’s $177 million offer for the fab was accepted last November but the government has been dragging its feet for four months over giving a final consent order.
The old Inmos fab, which opened in 1980, had been acquired by Nexperia, which is controlled by a China government-controlled fund called Wingtech. This was seen as a security risk.
Vishay says it will expand operations at the site, including R&D for compound semiconductor development.
Stay up to date with the latest in industry offers by subscribing us. Our newsletter is your key to receiving expert tips.
As the global semiconductor market enters the fourth quarter of 2026, supply and demand dynamics continue to evolve. Demand from AI servers, data centers, and automotive electronics remains strong, ti
As the memory chip shortage is expected to persist through 2027, independent smartphone and laptop manufacturers are being forced to redesign products, screen incoming chips for counterfeit or substan
Yageo posted year-over-year and month-over-month revenue growth in August, extending its streak of record monthly highs to a sixth straight month. The passive components maker said strong AI-related d
