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0 0 0.00322234156820616 0.00375939849624062 0.00483351235230934 0.0107250268528464 0.00912996777658422 0.0601288936627282
Stock impact report

£51m investment in semiconductor plant [Yahoo! Finance]

Vishay Intertechnology, Inc. (VSH) 
Last vishay intertechnology, inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.vishay.com
Company Research Source: Yahoo! Finance
Vishay paid £142m for the UK's largest semiconductor facility last year, saving more than 400 jobs. The Americans bought Newport Wafer Fab after the UK government forced the sale by its previous owners over concerns with links to China. The new owners are investing another £51m into the site on the Duffryn Industrial Estate, which has now been branded Newport Vishay. Semiconductor plant takeover gets go-ahead Hundreds of microchip plant jobs saved by sale The mind-bending mirrors behind advanced technology Welsh government Economy Secretary Rebecca Evans said the investment showed that Wales was "increasingly a world-leading nation" in semiconductor production. Semiconductors, or chips, made at the site are used in millions of electronic products, from smartphones to household equipment and cars. There had been controversy over the future of the Newport semiconductor plant when the previous Conservative UK government expressed deep national security concerns when the Show less Read more
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