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Chyna seizes UK chip factory (www.breitbart.com)

posted 3 years ago by aslan_is_0n_the_m0ve 3 years ago by aslan_is_0n_the_m0ve +110 / -0

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– SaltyKarens 8 points 3 years ago +8 / -0

"In 2019, Nexperia signed a contract to support the factory in exchange for Newport Wafer Fab putting up its factory as collateral. After the British company was unable to fulfil the manufacturing quota obligations in the deal, the Chinese owned enterprise was able to take full control of the factory, The Telegraph reported."

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– damessinger 4 points 3 years ago +4 / -0

This is called a setup; they knew what they were doing.

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– VetforTrump 2 points 3 years ago +2 / -0

Who slowed down the work?

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