Newport Wafer Fab Debate
Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Lord Cormack
Main Page: Lord Cormack (Conservative - Life peer)Department Debates - View all Lord Cormack's debates with the Department for Business, Energy and Industrial Strategy
(2 years ago)
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Lord Callanan (Con)
The Prime Minister announced that the National Security Adviser would be asked to look at the transaction, and he is indeed doing that.
Lord Cormack (Con)
My Lord, some of us find it difficult to understand why Chinese involvement is even being considered.
Lord Callanan (Con)
This is a commercial transaction. Nexperia already has existing semiconductor facilities in the United Kingdom. It entered into an additional commercial transaction and, therefore, that is being considered under the terms of the National Security and Investment Act.