{"id":31682,"date":"2022-05-26T09:16:15","date_gmt":"2022-05-26T09:16:15","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/05\/26\/newport-plant-critical-to-easing-microchip-shortage-says-boss\/"},"modified":"2022-05-26T09:16:15","modified_gmt":"2022-05-26T09:16:15","slug":"newport-plant-critical-to-easing-microchip-shortage-says-boss","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/05\/26\/newport-plant-critical-to-easing-microchip-shortage-says-boss\/","title":{"rendered":"Newport plant critical to easing microchip shortage, says boss"},"content":{"rendered":"
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A factory in South Wales could prove ‘vital’ in addressing the world’s semiconductor shortages.<\/b><\/p>\n<\/div>\n

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Welsh company IQE produces wafers for a range of electronic devices around the world.<\/p>\n<\/div>\n

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Apple iPhones are among the devices that use parts manufactured at the Newport facility.<\/p>\n<\/div>\n

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The company’s new chief executive, Americo Lemos, said “time is of the essence” to expand capacity once funding is in place.<\/p>\n<\/div>\n

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It has started talks with Welsh and UK governments to fund its expansion while also seeking private support.<\/p>\n<\/div>\n

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    \u201cNewport is crucial. We build products here that go around the world [for] different types of technologies, different types of end products that really improve people’s lives,” said Mr. Lemos.<\/p>\n<\/div>\n

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    “And I’m really looking forward to that. If we expand the site here with the right level of investment, we will be able to spread our product around the world.”<\/p>\n<\/div>\n

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    Semiconductors, also known as microchips or chips, allow electricity to flow through devices and are the fundamental components of everything from smartphones to the massive data centers that power the Internet.<\/p>\n<\/div>\n

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    However, since the Covid pandemic, supplies have been restricted with some manufacturers canceling or delaying products while awaiting production of the vital components.<\/p>\n<\/div>\n

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    IQE’s Newport site, based in the former LG factory in Duffryn, has vast unoccupied space that the company says can quickly be used to expand production.<\/p>\n<\/div>\n

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    Mr Lemos said he hoped government funding would come quickly.<\/p>\n<\/div>\n

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    \u201cThe semiconductor shortage has hit a very large part of the economy, like the automotive industry [sector] and all these areas of our daily lives,” he said.<\/p>\n<\/div>\n

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    “Therefore, the cost of not having these products is much greater than the investment required to make it happen.”<\/p>\n<\/div>\n

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    The Welsh Government welcomed IQE’s expansion plans, adding: “There needs to be a clear and coherent approach to the semiconductor industry in the UK, which requires governments to work together and with the sector.”<\/p>\n<\/div>\n

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    Newport is home to several companies collectively known as the Semiconductor Cluster.<\/p>\n<\/div>\n

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    Founded in the 1980s, IQE in Newport produces a type of epitaxial wafer that is an important part of compound semiconductors.<\/p>\n<\/div>\n

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    “The things we make here will affect your life on a daily basis,” said Mr. Lemos.<\/p>\n<\/div>\n

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    The UK government has ordered a security probe into Chinese influence in the semiconductor sector following the acquisition of Newport Wafer Fab by Nexperia, a Dutch subsidiary of Shanghai-based Wingtech.<\/p>\n<\/div>\n

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    “We all understand the geopolitical tensions we live in,” Lemos said.<\/p>\n<\/div>\n

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    \u201cBut we are a global company and intend to work in any market where there is business, within the framework that exists today. <\/p>\n<\/div>\n

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    “As a result, I’m actually more excited than nervous about the future of the company here and the site we’re in.”<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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