Reported 5 months ago
One of Britain's major microchip plants, owned by Coherent, is at risk of closure after Apple terminated a significant supply deal, jeopardizing the future of its 310,000 sq ft facility in County Durham. The plant manufactures components for Apple, including those used in the iPhone's Face ID system. Following the loss of its main customer, Coherent's UK subsidiary issued a notice indicating a potential sale of the plant. This development highlights the challenges faced by Britain's semiconductor industry, which has seen a decline in recent years.
Source: YAHOO