United Kingdom: UK Government action regarding Nexperia's ownership of British microchip factory
Progress
Current status
in force
16 Nov 2022 in force
Scope
Implementers
United Kingdom
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
semiconductors
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Published notice of divestment for Nexperia of UK’s biggest microchip factory
On 16 November 2022, the UK Department for Business, Energy and Industrial Strategy (BEIS) issued a final notice ordering Nexperia, a Dutch subsidiary of the Chinese semiconductor maker Wingtech, to sell at least 86% of the share capital of Nexperia…
Event type
investigation
Action type
ruling
Government branch
executive
Government body
central government