Newport Wafer Fab

Lord Sarfraz Excerpts
Monday 6th December 2021

(2 years, 4 months ago)

Lords Chamber
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Lord Callanan Portrait Lord Callanan (Con)
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Of course, I cannot comment further on these transactions, as the noble Lord knows, but semiconductors are an important aspect of our industrial future. We have some excellent manufacturing companies in the UK, and we want that to continue.

Lord Sarfraz Portrait Lord Sarfraz (Con)
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My Lords, one of the stated objectives of a project awarded by Innovate UK to Newport Wafer Fab is to provide the UK with a novel sovereign gallium nitride capability. Can my noble friend tell the House how that capability can possibly remain novel, or indeed sovereign, following acquisition by a foreign state-backed entity?