Vishay Intertechnology Acquires Nexperia's Newport Wafer Fab for $177M
Portfolio Pulse from Benzinga Newsdesk
Vishay Intertechnology, Inc. (VSH) has acquired Nexperia's Newport Wafer Fab in South Wales, U.K. for $177 million in cash. The facility, an automotive-certified, 200mm semiconductor wafer fab, is the UK's largest, with a capacity of over 30,000 wafers per month. Vishay intends to transform the facility into a manufacturing excellence center focusing on Net Zero Transformation, emphasizing decarbonization and electrification.
March 06, 2024 | 7:16 am
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Vishay Intertechnology completes acquisition of Nexperia's Newport Wafer Fab for $177M, aiming to focus on decarbonization and electrification.
The acquisition of Nexperia's Newport Wafer Fab significantly enhances Vishay's manufacturing capabilities, particularly in the automotive and industrial sectors. The strategic focus on Net Zero Transformation through decarbonization and electrification aligns with global trends towards sustainability, potentially increasing Vishay's market appeal and competitiveness. This move is likely to be viewed positively by investors, reflecting a forward-thinking approach and potential for growth in emerging markets.
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