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.

September 27, 2024
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