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Wingtech

Wingtech
The latest news and top stories on Wingtech. A Jiaxing, China-based entity in the technology sector, Wingtech specialises in semiconductor and communications product integration. It primarily serves global consumer and industrial markets and is known for strengthening its position in the semiconductor industry by acquiring Nexperia in 2019.
An employee works with a wafer on a production line of semiconductor firm Nexperia in Hamburg, Germany, on June 27, 2024. Photo: Reuters
Semiconductors

Cut off from Europe, Nexperia China eyes self-reliance through domestic wafers

The Chinese division is betting on a high-stakes, home-grown supply chain pivot to bypass suspended European wafer shipments.

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China-EU relations

What would a German audit for Chinese supply chain dependencies find?

China-EU relations

Exclusive | Dutch Prime Minister Rob Jetten set to visit China next spring: sources

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China trade

Beijing seeks chip stability and fair market access during Dutch trade mission

Wang Wentao meets Sjoerd Sjoerdsma amid ASML export limits and Nexperia debacle, with calls for secure chip supply chains and broader EU-China market access.

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The Netherlands’ trade minister, Sjoerd Sjoerdsma (left), shakes hands with China’s commerce minister, Wang Wentao, in Beijing on Tuesday. Photo: Ministry of Commerce
China exports

Beijing asserts control over China’s offshore tech transfers with landmark law

Beijing’s ‘milestone’ mandate seen authorising retaliatory responses to trade barriers while restricting research leaks.

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US-China tech war

Tech giant ASML joins China trade trip even amid US risk to sales

Europe’s most valuable company is seeking to boost sales in China while its home government works to fend off tougher export controls from the US.

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US-China trade war

Exclusive | Dutch semiconductor giants join delegation to China as US pushes curbs: source

The Netherlands has protested Washington’s proposed Match Act, which would further curtail its semiconductor firms’ business in China.

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An employee walks past an ASML logo, the Dutch semiconductor equipment giant, at the company’s headquarters in Veldhoven on April 17, 2018. Photo: AFP
Semiconductors

Wingtech says core of Nexperia’s China unit now based on mainland

The statement comes amid escalation in the Nexperia conflict, as Wingtech files a lawsuit in China against chip firm.

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China trade

Exclusive | China’s date with Dutch trade minister on cards for early July: source

The Netherlands’ trade chief and his delegation will come at a pivotal diplomatic moment, as The Hague faces pressure from US tech-export laws.

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Nexperia

Wingtech sues Dutch unit Nexperia for US$1.17b amid delisting risk

Nexperia and its executives carried out ‘discriminatory restrictive measures’ under China’s Anti-Foreign Sanctions Law, Wingtech says.

Wingtech’s shares on the Shanghai Stock Exchange have been under a delisting risk warning since May 6. Photo: Shutterstock Images
US-China trade war

The US-China trade war is entering a worrying new phase

The US and China are racing to roll out competing sanctions, rules and regulations, leaving firms trapped in a legal Catch-22.

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Illustration: Lau Ka-kuen
Semiconductors

Wingtech faces delisting risk after audit failure in wake of Nexperia saga

Wingtech says it is working to restore its internal system and gain full access to Nexperia China’s data to solve the audit issues.

SCMP Exclusives

Exclusive | Un-sanctioned: China to welcome Dutch trade minister amid Nexperia, ASML discord

Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China.

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US-China tech war

Chinese LED chipmaker’s purchase of Dutch firm collapses after US opposition

The failed Lumileds deal highlights the growing hurdles Chinese tech firms face in overseas acquisitions under tightening US policy.

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A worker produces LED chips on a production line in China’s Jiangsu province. Photo: Getty Images
China-EU relations

China and the Netherlands seek ‘pragmatic’ reset as Nexperia row rolls on

Wang Yi hails ‘positive signals’ from new Dutch minister as US pressure and EU de-risking leave The Hague juggling security and trade interests.

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Chinese-owned Dutch semiconductor company Nexperia has been at the centre of a row between China and the Netherlands. Photo: Reuters
Semiconductors

China warns of fresh chip crisis as Nexperia dispute flares up

China warns the ‘Dutch side’ must bear responsibility if the Nexperia dispute reignites global automotive chip shortages.

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China-EU relations

Nexperia faces 6-month inquiry as CEO Zhang’s suspension upheld by Dutch court

Investigation into firm’s governance could last six months, with one analyst warning of damage to bilateral ties.

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Semiconductors

China’s Wingtech, owner of Nexperia, expects wider loss amid row over chipmaker

Wingtech projects a loss of up to US$1.9 billion in 2025, owing to the Dutch government’s takeover of Nexperia.

Wingtech Technology continues its legal battle to regain control of Dutch chipmaker Nexperia. Photo: Shutterstock
China-EU relations

Secret plans, angry emails: Nexperia hearing exposes tussle over China control

The court hearing could be decisive in the tug-of-war over control of the Dutch chipmaker, which sparked supply chain worries and China tensions.

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Nexperia

Nexperia, Wingtech set for fresh face-off in January with US$8 billion at stake

Dutch chipmaker’s Chinese owner warns of multi-track legal action, seeking full control of the firm and damages for improper seizure amid supply-chain tensions.

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Semiconductors

Nexperia China eyes new wafer suppliers amid legal fight with Dutch chipmaker

Nexperia owner Wingtech says the China unit produced more than 11 billion chips since mid-October, despite wafer supply constraints.

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Nexperia’s China unit expects to complete the validation of potential domestic wafer suppliers in the first half of next year. Photo: Shutterstock
China-EU relations

Beijing urges Dutch government to push for China visit by Nexperia execs

China’s Ministry of Commerce says trip by Dutch chip firm’s management should be made ‘as soon as possible’ amid heated war of words.

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The corporate conflict between Dutch semiconductor company Nexperia and its Chinese owner Wingtech has lasted for several weeks. Photo: Shutterstock
China manufacturing

Factory of factories: China’s manufacturers join wave of overseas expansions

With many of their clients moving or building sites abroad, China’s factory owners are following suit, seizing a ‘last chance’ for new revenues.

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Semiconductors

Tensions flare as Wingtech slams chipmaker Nexperia’s head office over deception

The heightened tensions underscore the complexity in resolving the two sides’ dispute over the control of the Dutch chipmaker.

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Nexperia

China, EU shift Nexperia strategy: let the companies work it out

Wang Wentao shifts focus to the boardroom but warns the Dutch government must still scrap the executive order and court ruling fuelling the crisis.

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Flags fly next to a logo of Nexperia at the facade of its factory in Guangdong province amid a chip-supply shortage caused by a diplomatic standoff between China and the Netherlands over the company. Photo: Reuters
Nexperia

Opinion | Netherlands’ Nexperia blunder shows it has forgotten its own history

The Netherlands’ pragmatic approach – separating commercial interests from geopolitical alignment – once made it a friend to all.

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A truck waits outside the gate of Nexperia’s factory in Dongguan, Guangdong province on November 7. Photo: Reuters
Semiconductors

Wingtech says Nexperia’s headquarters remains silent on call for talks

In a statement, Wingtech reiterates its intention to fully regain its shareholder rights in the chipmaker.

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Semiconductors

A timeline of the Sino-Dutch row over the control of chipmaker Nexperia

The Hague suspends use of Cold War-era law called upon to seize control of Chinese-owned Nexperia, as dispute imperils global supply chains.

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