July 23, 2021
The UK’s largest microchip factory, which has been taken over by a firm backed by Communist China, has reportedly received millions in funding from the British government, including military research grants.
Newport Wafer Fab (NWF), which was forced into selling its factory to Chinese-owned Nexperia after failing to meet its debt obligations earlier this month, has been reported to have been granted large-scale contracts from the British government’s innovation agency, Innovate UK.
A whistleblower told CNBC that the semiconductor firm had received around £55 million ($75 million) to develop next-generation technologies, including defense contracts. One of the contracts is said to have been a £5.4 million joint project with Cardiff University to develop radar systems for fighter jets…
Edited by：【Himalaya London Club UK】