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Britain buys semiconductor factory for defence purposes
This facility is the only secure site in the UK capable of manufacturing certain complex electronics for things like fighter jets and other weapon systems.
“Semiconductors are at the forefront of the technology we rely upon today, and will be crucial in securing our military’s capabilities for tomorrow.This acquisition is a clear signal that our government will back British defence production. We’ll protect and grow our UK Defence supply chain, supporting North East jobs, safeguarding crucial tech for our Armed Forces and boosting our national security.” In 2023, Coherent, the former owner of the Newton Aycliffe semiconductor facility, announced plans to cut over 100 jobs due to a drop in business demand, leaving the future of the site in doubt.
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