Wingtech Technology
TypeState-owned enterprise (partial)
SSE: 600745
IndustryManufacturing
Founded2006 (2006)
HeadquartersJiaxing, China
ProductsElectronics
OwnerState-owned Assets Supervision and Administration Commission of the State Council
SubsidiariesNexperia
Websitewww.wingtech.com

Wingtech Technology is a partially state-owned semiconductor and communications product integration company based in Jiaxing and listed on the Shanghai Stock Exchange.[1] The company was founded in 2006 by a former STMicroelectronics engineer. Wingtech's main business includes semiconductor chip design, wafer manufacturing, optical imaging and communication product integration.[2]

In 2019, Wingtech acquired Nexperia.[2] The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers.[3][4][5]

During the 2022 COVID-19 protests in China, Wingtech was reported by The Wall Street Journal to gain an additional foothold in Apple's supply chain following protests at a Foxconn factory in the Zhengzhou Airport Economy Zone.[6]

References

  1. Shead, Sam (2021-07-07). "The Chinese firm behind the acquisition of the UK's largest chip plant is state backed, analysis shows". CNBC. Retrieved 2022-04-01.
  2. 1 2 "China's Wingtech to buy biggest UK chip plant amid global crunch". Nikkei Asia. July 6, 2021. Retrieved 2023-03-27.
  3. Courea, Eleni (2022-04-01). "UK ministers quietly approve Chinese microchip factory takeover". POLITICO. Retrieved 2022-04-01.
  4. "UK orders China's Nexperia to sell at least 86% of microchip factory". Reuters. 2022-11-16. Retrieved 2022-11-16.
  5. Toh, Michelle (2022-11-17). "UK orders Chinese-owned company to sell Britain's biggest chipmaker". CNN. Retrieved 2022-12-04.
  6. Yang, Jie; Tilley, Aaron (3 December 2022). "Apple Makes Plans to Move Production Out of China". The Wall Street Journal. Retrieved 4 December 2022.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.