2024-05-29

UK wafer fab faces possible sale or closure, says report

A UK wafer fab is facing the possibility of sale or closure as a result of Apple ending a supply deal, according to the Daily Telegraph. The wafer fab is at Newton Aycliffe in County Durham in the north of England and is owned by materials, networking and laser technology firm Coherent Corp. (Saxonburg, Pennsylvania). The newspaper reported that local management have said a strategic review could result in the wafer fab being sold. The report also said that a last-time-buy notice had been issued to customers. The wafer fab had been making compound semiconductor co...
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