Members of the British parliament’s upper house have questioned the government about China’s planned takeover of one of the country’s largest semiconductor plants, warning that the deal could jeopardize the country’s “national resilience.” Newport Wafer Fab (NWF) is a Welsh company that specializes in producing sophisticated compound semiconductors, which are a critical technology in 5G networks and facial recognition software. Nexperia, a Dutch business completely owned by China’s Wingtech Technology, announced in July 2021 that it had acquired 100% ownership of NWF. Wingtech, whose stockholders include Chinese government-backed investors, provides processors to Chinese smartphone manufacturers such as Huawei. On April...