Newport Wafer Fab sale to Chinese company held up again by UK.gov's probe The UK government has asked for more time to make its final decision on whether to retroactively approve or block the sale of Newport Wafer Fab (NWF) company to Chinese owners. The Department for Business, Energy & Industrial Strategy belatedly launched a full blown assessment of the sale in May on grounds of national security …
Look at the frighteners the USA puts on the whole world. It turned the whole of south America into wretched dictatorships in the 60s and 70s. How many did the USA murder in Iraq? The Years of Lead in Italy and the strategy of tension, meaning murdering people in supposed allied countries.
A simple solution if a sale of Newport Wafer Fab (NWF) company is sought by its owners is for it to be purchased at the recognised and already offered price plus a dollar by UKGBNI PLC.
Or is that too much like a practical demonstration of politically astute leadership and thus beyond the keen and grasp of knuckle headed Parliamentarians and their wannabe masters/cavalier string pullers?
Here's a better hyperlink:
https://nitter.net/EdConwaySky/status/1550376046264025090
Replace twitter.com with nitter.net and view without being slurped.
If the UK really wants a piece of the world chip market, then the Chancellor of the Exchequer (whoever that happens to be) need to find some serious money:
- TSMC is investing about 100 billion dollars (note the "B") in seven new foundries in Arizona
- Intel is investing an undisclosed amount (but also in the billions of dollars) in new foundries
No one knows what Samsung are doing, but it's probably in line with the two items quoted above.
So.....this Newport farago is simply noise......with some of the media trying (hard) to ignore the fact that Newport makes no difference at all!! National security...no...actually just the usual smoke and mirrors!
What will make a difference will be billions of pounds of new investment.....invested in the UK......I'm not holding my breath!!!
Link: https://www.theregister.com/2022/08/23/intel_asks_private_equity_firms/
Link: https://www.theregister.com/2021/08/25/taiwan_and_arizona_economic_groups/
The problem appears to be that HMGovernment ministers and Bank of England wonks are reluctant to embrace and enjoy the spend, spend, spend fiat currency of the Magic Money Tree methodology that Uncle Sam and friends and enemies have so fallen head over heels in love with and would have you fail to employ and compete with them in attracting novel emerging and empowering private and pirate proprietary intellectual property able to deliver excessive future wealth for lavish spendings beyond normal imaginings.
An added difficulty appears to be one just can’t get suitable staff these days for such vital roles as define whether one will continue to fail miserably in a future world or lead the very same and enthusiastic followers in prosperous pioneering vanguard movements which deliver such goods as formerly could only have been hoped for in the most vivacious of wet dreams and craziest of 0day daydreams.
The question to ask oneself then is ..... Is that a systemic failing ready to be rightly fixed of existing leaderships or future leaderships? And is the best and quickest solution to demonstrate the almighty power and innate abilities of any novel future command and control leadership in such a competitive situation, their provision of information and intelligence which catastrophically crashes present vital strategic infrastructure and interdependent services?
£2.10 for a £0.70 chip roll, honestly, how are our school children supposed to get fat now? We are nouveau pauvre.
It's a sad state of affairs when the republic of Ireland has more wafer fabs than Britain.. Luckily our new PM is pledged to good relations with Ireland.
Why start now?*
<CAM>
I try everything in Britian first. If it works here I try it in a real country.
Britain. Petri dish to the world.
</CAM>
*Except of course BAE, which it has a "Golden share" in. F**k knows why.
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