The sale of Nexperia's site in Newport could take 'years' according to Wales' first minister.
Mr Drakeford told the committee the sale of the UK's largest microchip plant "is not going to happen quickly" and that any financial support needed to help it move to new ownership should come from the UK government.
Answering a question about financial aid for the plant from Labour's Ruth Jones MP, Mr Drakeford said: "We don't have national security responsibilities, nor do we have any insight into the reasons why the UK government came to the conclusion that it did. "What I think has become much clearer in the aftermath of the decision is that the sale of the company is not going to happen quickly.He added: "The investment that will be needed to move Nexperia - or the successor to Nexperia - from a fab manufacturing chips for Nexperia's customers to one making other semi-conductor products for a new owner is also likely to take many hundreds of millions of pounds.
"This is a very. very consequential decision that has been made and it will be BEIS that will have to now have to help deal with the consequences of that decision." "The issue of Nexperia and how its transition to new ownership is to be supported I think is a matter for the UK government given that they made the decision in the first place."
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