Bargaining chips

“My feeling is that the only sensible strategy with the Chinese, as long as we have the technology lead in some areas, is to use that as a bargaining chip – if you want the wafer, you have to build the factory in the UK, employ a certain number of people”


Hermann Hauser, a veteran entrepreneur who was involved in the founding of leading UK chip firm Arm, told the Financial Times that he detects “anti-China hysteria” in the British response to Nexperia’s takeover of Newport Wafer Fab. “If you don’t allow the Chinese [to invest in Newport Wafer], the company withers on the vine and then, in the end, you have got nothing.”

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