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UK MoD acquires semiconductor factory in Newton Aycliffe for £20M to secure domestic gallium arsenide chip production and safeguard jobs.
The UK Ministry of Defence has acquired a semiconductor factory in Newton Aycliffe from U.S. company Coherent Inc. for £20 million ($27 million) to secure domestic production of gallium arsenide chips, essential for military technology.
The acquisition, which safeguards 100 jobs, aims to bolster the UK's defense supply chain amid global shortages.
This facility is the only secure site for producing these critical components, supporting future military and technological needs.
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UK MoD adquiere fábrica de semiconductores en Newton Aycliffe por £20M para asegurar la producción de chips de arseniuro de galio doméstico y salvaguardar puestos de trabajo.