Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, when his Department plans to make a decision on the acquisition of Newport Wafer Fab by Vishay Intertechnology.
Given the quasi-judicial nature of the government’s investment screening powers, and for commercial confidentiality and national security reasons, it would be inappropriate to comment on any specific acquisitions or the potential applicability of the NSI Act 2021. Decisions are always made within the statutory timeframes required by the Act. Transparency is of course a crucial part of the NSI Act, and as such, the Government has published an Annual Report detailing the use of NSI Act powers. The report and notices of any Final Orders that have been made are available on GOV.UK.