Wingtech: Difference between revisions - Wikipedia


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{{Short description|SemiconductorChinese state-owned semiconductor manufacturer}}

{{Infobox company

| name = Wingtech Technology

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| native_name = 聞泰科技股份有限公司

| native_name_lang = zh

| type = [[Public company|Public]]; [[State-owned enterprises of China|state-owned]] (partial)

| traded_as = {{SSE|600745}}

| foundation = {{Start date and age|2006}}

| location = [[Jiaxing]], China

| key_people = Zhang Xuezheng

| industry = [[Manufacturing]]

| products = [[Electronics]]

| num_employees =

| owner = [[State-owned Assets Supervision and Administration Commission of the State Council]]

| owner = Zhang Xuezheng

| subsid = [[Nexperia]]

| homepage = {{Official URL}}

}}

'''Wingtech Technology''' is a partially [[State ownership|state-owned]] [[semiconductor]] and [[communications]] product integration company based in [[Jiaxing]] and listed on the [[Shanghai Stock Exchange]].<ref name=":02">{{Cite news |last=Shead |first=Sam |date=2021-07-07 |title=The Chinese firm behind the acquisition of the UK's largest chip plant is state backed, analysis shows |url=https://www.cnbc.com/2021/07/07/nexperia-owner-wingtech-is-backed-by-chinese-government-analysis-says.html |url-status=live |archive-url=https://web.archive.org/web/20220401105351/https://www.cnbc.com/2021/07/07/nexperia-owner-wingtech-is-backed-by-chinese-government-analysis-says.html |archive-date=2022-04-01 |access-date=2022-04-01 |website=[[CNBC]] |language=en |quote=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...}}</ref><ref>{{Cite web |last=Hope |first=Arran |date=2023-02-03 |title=China's top 10 semiconductor firms |url=https://thechinaproject.com/2023/02/03/chinas-top-10-semiconductor-firms/ |access-date=2024-09-23 |website=The China Project |language=en-US |quote=Wingtech is part-owned by a number of state-owned enterprises... |archive-date=2024-02-21 |archive-url=https://web.archive.org/web/20240221210843/https://thechinaproject.com/2023/02/03/chinas-top-10-semiconductor-firms/ |url-status=live }}</ref><ref name=":1">{{Cite web |title=Wingtech Technology Company Limited |url=https://platform.wirescreen.ai/organization/a5da7f7c-a79b-5d12-89ca-961351029011#ultimate_owners |access-date=2024-09-22 |website=[[The Wire China]] |archive-date=2024-09-22 |archive-url=https://web.archive.org/web/20240922193127/https://platform.wirescreen.ai/organization/a5da7f7c-a79b-5d12-89ca-961351029011#ultimate_owners |url-status=live }}</ref> 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.<ref name=":0">{{Cite web |date=July 6, 2021 |title=China's Wingtech to buy biggest UK chip plant amid global crunch |url=https://asia.nikkei.com/Business/Tech/Semiconductors/China-s-Wingtech-to-buy-biggest-UK-chip-plant-amid-global-crunch |access-date=2023-03-27 |website=[[Nikkei Asia]] |language=en-GB |archive-date=2024-09-22 |archive-url=https://web.archive.org/web/20240922193958/https://asia.nikkei.com/Business/Tech/Semiconductors/China-s-Wingtech-to-buy-biggest-UK-chip-plant-amid-global-crunch |url-status=live }}</ref> The Localcompany governmentis havepartially interestsowned includingby the Wuxi[[State-owned CityAssets GovernmentSupervision (9.74%),and theAdministration KunmingCommission City Government (5.67%), andof the YunnanState Provincial GovernmentCouncil]] (5.2%SASAC).<ref name=":02" /><ref name=":1" />

In 2019, Wingtech acquired [[Nexperia]].<ref name=":0" /> The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers.<ref>{{Cite news |last=Courea |first=Eleni |date=2022-04-01 |title=UK ministers quietly approve Chinese microchip factory takeover |language=en-US |website=[[POLITICO]] |url=https://www.politico.eu/article/uk-minister-quietly-approve-chinese-microchip-factory-takeover/ |access-date=2022-04-01 |archive-date=2022-04-01 |archive-url=https://web.archive.org/web/20220401035412/https://www.politico.eu/article/uk-minister-quietly-approve-chinese-microchip-factory-takeover/ |url-status=live }}</ref><ref>{{Cite news |last= |date=2022-11-16 |title=UK orders China's Nexperia to sell at least 86% of microchip factory |language=en |work=[[Reuters]] |url=https://www.reuters.com/technology/uk-orders-chinas-nexperia-sell-least-86-microchip-factory-2022-11-16/ |access-date=2022-11-16 |archive-date=2022-11-16 |archive-url=https://web.archive.org/web/20221116210510/https://www.reuters.com/technology/uk-orders-chinas-nexperia-sell-least-86-microchip-factory-2022-11-16/ |url-status=live }}</ref><ref>{{Cite news |last=Toh |first=Michelle |date=2022-11-17 |title=UK orders Chinese-owned company to sell Britain's biggest chipmaker |url=https://www.cnn.com/2022/11/17/tech/uk-blocks-chinese-takeover-chipmaker-intl-hnk/index.html |access-date=2022-12-04 |website=[[CNN]] |language=en |archive-date=2022-12-04 |archive-url=https://web.archive.org/web/20221204162412/https://www.cnn.com/2022/11/17/tech/uk-blocks-chinese-takeover-chipmaker-intl-hnk/index.html |url-status=live }}</ref> In 2023, Wingtech agreed to sell the [[Inmos microprocessor factory]] following a UK government divestment order on national security concerns.<ref>{{Cite web |last=Kawakami |first=Takashi |date=November 10, 2023 |title=China's Wingtech to sell U.K. chipmaking plant amid security concern |url=https://asia.nikkei.com/Business/Tech/Semiconductors/China-s-Wingtech-to-sell-U.K.-chipmaking-plant-amid-security-concern |access-date=2024-09-22 |website=[[Nikkei Asia]] |language=en-GB |archive-date=2024-09-22 |archive-url=https://web.archive.org/web/20240922195031/https://asia.nikkei.com/Business/Tech/Semiconductors/China-s-Wingtech-to-sell-U.K.-chipmaking-plant-amid-security-concern |url-status=live }}</ref>

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*{{Official website}}

[[Category:Semiconductor companies of China]]

[[Category:Government-owned companies of China]]

[[Category:Companies in the CSI 100 Index]]

[[Category:2006 in Jiaxing]]