Skip to main content

Written question asked by Lord Alton of Liverpool (Crossbench) on Monday, 4 April 2022, in the House of Lords. It was due for an answer on Wednesday, 20 April 2022. It was answered by Lord Callanan (Conservative) on Tuesday, 19 April 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Newport Wafer Fab: Nexperia

Question

To ask Her Majesty's Government why they have not used their powers under under the National Security and Investment Act 2021 to review the takeover of Newport Wafer Fab by Nexperia, a Chinese-owned company.

Answer

The Government is considering the case. The UK Government has powers to intervene where there is a risk to national security under the National Security and Investment Act 2021, which commenced on 4 January 2022.


Secondary information

Type
Written question
Reference
HL7613
Session
2021-22
Subjects
China Takeovers Newport Wafer Fab Nexperia
Legislation
National Security and Investment Act 2021
Link
View this Written question on www.parliament.uk