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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST

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ggersh
To: ggersh who wrote (174485)7/9/2021 4:48:58 AM
From: maceng21 Recommendation  Read Replies (1) of 217798
 
Newport Wafer Fab started off as the manufacturing facility for "Inmos" back in 1978. It's been mainly owned by STMicroelectronics.

It has gone through a number of buyouts and takeovers throughout it's spotted history. It teetered on receivership several times. Most wafer fabs have struggled, but Newport Wafer Fab struggled the most amongst the survivors.

Nothing new there. It started off on a dodgy financial footing, and has struggled ever since.

With the world wide shortage in silicon chips right now, I am surprised it's not swimming in profits and work.

The history of Newport Wafer Fab

Interesting to see how the UK government is going to "help it". Whatever you see in the newspapers, it's baloney usually. -g-

Here is an oldie but goldie. EE times Year: 1999

Newport Wafer-Fab Bought Out For $160M | EE Times

Some things change... but not really change.

"In the early 1990s, Newport Wafer-Fab was created after the former Inmos fab was bought by QPL International Holdings in Hong Kong."
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