UK government approves Vishay's $177m acquisition of Newport Wafer Fab, securing 400 jobs and allowing expansion.

UK government approves Vishay's $177m takeover of Newport Wafer Fab, previously owned by Nexperia with Chinese connections. Vishay plans to expand operations, including R&D for compound semiconductor development, and save over 400 jobs. The UK government will maintain tight control over sensitive information and requires Vishay to report any future deals involving the factory.