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Wingtech says core of Nexperia China unit now based on mainland, can operate independently
The statement comes amid escalation in the Nexperia conflict, as Wingtech files a lawsuit in China against chip firm
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Ann Caoin Shanghai
China’s Wingtech Technology says it has developed an independent management operation for Nexperia’s Chinese unit, in a bid to insulate the local business as it fights to regain control of the Dutch chipmaker.
Wingtech chairwoman Ruby Yang Mu said on Friday that the core management, research and development and production teams at Nexperia China were now fully based in the country and possessed “complete operational decision-making authority”.
“Today I am confident to say that Nexperia China has largely established an independent operating system,” Yang said at an annual summit on Friday hosted by JW Insights, a Chinese chip industry consultancy.
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According to Yang, the Chinese unit’s production capacity and delivery capabilities were recovering steadily as it built out a full-stack supply chain designed to operate on a dual model of “China for China” and “China for global”.
“We believe that the more turbulent the times, the more crucial it is to have a solid foundation,” Yang said.
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Her remarks come amid an ongoing dispute that erupted late last year between Netherlands-based Nexperia and its Chinese arm.
Following an intervention by the Dutch government to block the chipmaker from shifting its operations to China, Nexperia China declared independence from the Dutch headquarters, prompting Nexperia Europe to halt wafer shipments to China.
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