We will further consider the Nexperia case, via the National Security and Investment Sub-Committee, once the period for appeal has expired. In the meantime, the Department should work proactively to ensure a successful transfer of the Newport site to a new owner. Ministers should update the Committee on progress made.
We will further consider the Nexperia case, via the National Security and Investment Sub-Committee, once the period for appeal has expired. In the meantime, the Department should work proactively to ensure a successful transfer of the Newport site to a new owner. Ministers should update the Committee on progress made. Type: conclusion | Number: 4 | Paragraph: 67 | Response status: under_consideration Government response: The Secretary of State for BEIS issued a Final Order in November on the takeover of the Newport Wafer Fab by Nexperia, which stipulates the acquisition constitutes a trigger event under the NSI Act. The order has the effect of requiring Nexperia to sell at least 86% of Newport Wafer Fab to prevent,