Company:Wingtech

From HandWiki
Wingtech Technology
Native name
闻泰科技股份有限公司
TypePublic; state-owned (partial)
SSE: 600745
IndustryManufacturing
Founded2006; 20 years ago (2006)
HeadquartersJiaxing, Zhejiang, China
ProductsElectronics
Owner
  • State Council of the People's Republic of China
  • Luxshare
SubsidiariesNexperia
Website{{{1}}}

Wingtech Technology is a Chinese partially state-owned publicly-traded semiconductor and communications product integration company based in Jiaxing, Zhejiang. It has been listed on the Shanghai Stock Exchange since 2015.[1][2][3] It is partly owned by Luxshare.[4][5]

Background

The company was founded as original design manufacturer in 2006 by a former STMicroelectronics engineer, Zhang Xuezheng.[6] Wingtech's main business includes semiconductor chip design, wafer manufacturing, optical imaging and communication product integration.[7] The company is partially owned by several state-owned enterprises under the direction of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).[1][3] Wingtech also produces Trump Mobile's T1 mobile phones.[4][5]

In 2019, Wingtech acquired Nexperia.[7] The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers.[8][9][10] In 2021, Wingtech acquired Ofilm Group, a former iPhone camera module supplier.[6] In 2023, Wingtech agreed to sell the Inmos microprocessor factory following a UK government divestment order on national security concerns.[11]

During the 2022 COVID-19 protests in China, Wingtech was reported by The Wall Street Journal to have gained an additional foothold in Apple's supply chain following protests at a Foxconn factory in the Zhengzhou Airport Economy Zone.[12]

In December 2024, Wingtech was targeted in a new round of US export controls and added to the United States Department of Commerce's Entity List.[13]

In October 2025, the Dutch Ministry of Economic Affairs took control of Nexperia using the powers of the Goods Availability Act, citing reasons of national security and European economic security.[14][15] In November 2025, Wingtech filed a challenge in the Supreme Court of the Netherlands.[16]

After the turmoil for Wingtech, the company's controlling shareholder, Zhang Xuezheng, plans to transfer their shares to Wuxi Guolian Group, a Wuxi state-owned enterprise.[17]

References

  1. ↑ 1.0 1.1 Shead, Sam (2021-07-07). "The Chinese firm behind the acquisition of the UK's largest chip plant is state backed, analysis shows" (in en). https://www.cnbc.com/2021/07/07/nexperia-owner-wingtech-is-backed-by-chinese-government-analysis-says.html. "The layers lead to the State-owned Assets Supervision and Administration Commission of the State Council, which is a special commission of the People’s Republic of China, as well as specific government-run semiconductor investment funds. Almost 30% of Wingtech’s shares can be traced back to the Chinese government..." 
  2. ↑ Hope, Arran (2023-02-03). "China's top 10 semiconductor firms" (in en-US). https://thechinaproject.com/2023/02/03/chinas-top-10-semiconductor-firms/. "Wingtech is part-owned by a number of state-owned enterprises..." 
  3. ↑ 3.0 3.1 "Wingtech Technology Company Limited". The Wire China. https://platform.wirescreen.ai/organization/a5da7f7c-a79b-5d12-89ca-961351029011#ultimate_owners. 
  4. ↑ 4.0 4.1 "Trump Mobile's made-in-US iPhone 17 competitor is really made in China" (in en). 2025-06-16. https://appleinsider.com/articles/25/06/16/trump-mobile-will-take-on-iphone-17-in-september-with-a-made-in-us-gold-smartphone. 
  5. ↑ 5.0 5.1 Spangler, Todd (2025-06-17). "Trump's $499 Gold Smartphone Is Probably Being Made in China, According to Experts" (in en-US). https://variety.com/2025/digital/news/trump-mobile-smartphone-made-in-china-experts-1236434191/. 
  6. ↑ 6.0 6.1 Chen, Eliot (2022-09-25). "Wingtech Takes Flight" (in en-US). https://www.thewirechina.com/2022/09/25/wingtech-takes-flight/. 
  7. ↑ 7.0 7.1 "China's Wingtech to buy biggest UK chip plant amid global crunch" (in en-GB). July 6, 2021. https://asia.nikkei.com/Business/Tech/Semiconductors/China-s-Wingtech-to-buy-biggest-UK-chip-plant-amid-global-crunch. 
  8. ↑ Courea, Eleni (2022-04-01). "UK ministers quietly approve Chinese microchip factory takeover" (in en-US). https://www.politico.eu/article/uk-minister-quietly-approve-chinese-microchip-factory-takeover/. 
  9. ↑ "UK orders China's Nexperia to sell at least 86% of microchip factory" (in en). Reuters. 2022-11-16. https://www.reuters.com/technology/uk-orders-chinas-nexperia-sell-least-86-microchip-factory-2022-11-16/. 
  10. ↑ Toh, Michelle (2022-11-17). "UK orders Chinese-owned company to sell Britain's biggest chipmaker" (in en). https://www.cnn.com/2022/11/17/tech/uk-blocks-chinese-takeover-chipmaker-intl-hnk/index.html. 
  11. ↑ Kawakami, Takashi (November 10, 2023). "China's Wingtech to sell U.K. chipmaking plant amid security concern" (in en-GB). https://asia.nikkei.com/Business/Tech/Semiconductors/China-s-Wingtech-to-sell-U.K.-chipmaking-plant-amid-security-concern. 
  12. ↑ Yang, Jie; Tilley, Aaron (3 December 2022). "Apple Makes Plans to Move Production Out of China". The Wall Street Journal. https://www.wsj.com/articles/apple-china-factory-protests-foxconn-manufacturing-production-supply-chain-11670023099. 
  13. ↑ Freifeld, Karen (2 December 2024). "Latest US strike on China's chips hits semiconductor toolmakers". https://www.reuters.com/technology/latest-us-strike-chinas-chips-hits-semiconductor-toolmakers-2024-12-02/. 
  14. ↑ Bermingham, Finbarr (2025-10-13). "China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute" (in en). https://www.scmp.com/news/china/diplomacy/article/3328726/chinas-wingtech-says-dutch-court-freezes-control-nexperia-amid-national-security-dispute. 
  15. ↑ "Dutch government intervenes at Chinese-owned chipmaker Nexperia". Reuters. October 12, 2025. https://www.reuters.com/world/china/dutch-government-intervenes-chinese-owned-computer-chip-firm-nexperia-2025-10-12/. 
  16. ↑ Sterling, Toby (28 November 2025). "Wingtech challenges Nexperia decisions at Netherlands' Supreme Court". Reuters. https://www.reuters.com/world/europe/wingtech-challenges-nexperia-decisions-netherlands-supreme-court-2025-11-28/. 
  17. ↑ "A strong shield protecting Wingtech Technology (in Chinese)". https://caifuhao.eastmoney.com/news/20251018195905446642700. 
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