Nexperia talks up its investment in UK wafer fab, says no plans to close
Nexperia has expressed frustration with the UK government's probe into its takeover of Newport Wafer Fab – ongoing since last year – saying the company has invested money into the plant and needs a swift decision.
Giving evidence to the BEIS Committee, Nexperia's UK country manager Toni Versluijs said legislation such as the NSIA is not uncommon in an international context, that other countries have such laws, and that Nexperia understood that matters of national security need to be investigated. "If you look at the facts, then Nexperia saved, actually, Newport from bankruptcy. I mentioned already the £160 million [about $190 million] investments by the way, no strings attached for any additional government support on that," he stated.
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