Newport Wafer Fab runs Britain's largest chipmaking facility, producing some 32,000 silicon wafers each month.
The global chip shortage will continue, and consumers will have to pay for it, an analyst from the International Data Corporation said.The U.K. government has blocked the takeover of the country's largest microchip factory by a Chinese-owned firm over concerns it may undermine national security.
"The order has the effect of requiring Nexperia BV to sell at least 86% of NNL within a specifified period and by following a specified process," the U.K.'s Department for Business, Energy and Industrial Strategy said in a statement.A Nexperia representative was not immediately available for comment when contacted by CNBC outside of usual business hours.
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