TAIPEI -- China's largest smartphone assembler Wingtech Technology on Monday said it has completed its acquisition of the U.K.'s largest chip plant, in a move aimed at securing new sources of semiconductors amid a global supply crunch.
Semiconductors
China smartphone maker says UK chip plant purchase 'complete'
Wingtech announcement comes weeks after British PM said deal was being reviewed
Wingtech's purchase of Newport Wafer Fab of the U.K. comes amid a global shortage of chips. (Photo courtesy of Wingtech)
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