Newport site secured after sale finalised

It was heartening to read in Semiconductor Today that the future of the troubled Nexperia waferfab in Newport has been secured, with the government finally approving its sale to Vishay Semiconductor for $177m. The site has been a long-standing employer in the region, from its initial days in the 1980s as Inmos (I'm old enough to remember that far back!) right up to its acquisition in 2021 by Nexperia, only for HMG to step in and block the deal. Vishay have announced plans to invest $1.2m in the site over the next three years, which is music to the ears of the employees of both the fab itself and all of the other companies involved in its supply chain. Great news; read more about it here.