Wingtech

Last updated
Wingtech Technology
Native name
闻泰科技股份有限公司
Company type Public; state-owned (partial)
SSE: 600745
Industry Manufacturing
Founded2006;19 years ago (2006)
Headquarters Jiaxing, Zhejiang, China
Products Electronics
Owner
Subsidiaries Nexperia
Website www.wingtech.com OOjs UI icon edit-ltr-progressive.svg

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]

Contents

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]

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. [16]

References

  1. 1 2 Shead, Sam (2021-07-07). "The Chinese firm behind the acquisition of the UK's largest chip plant is state backed, analysis shows". CNBC . Archived from the original on 2022-04-01. Retrieved 2022-04-01. 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". The China Project. Archived from the original on 2024-02-21. Retrieved 2024-09-23. Wingtech is part-owned by a number of state-owned enterprises...
  3. 1 2 "Wingtech Technology Company Limited". WireScreen.ai. The Wire China. Archived from the original on 2024-09-22. Retrieved 2024-09-22.
  4. 1 2 "Trump Mobile's made-in-US iPhone 17 competitor is really made in China". AppleInsider. 2025-06-16. Retrieved 2025-06-23.
  5. 1 2 Spangler, Todd (2025-06-17). "Trump's $499 Gold Smartphone Is Probably Being Made in China, According to Experts". Variety. Retrieved 2025-06-23.
  6. 1 2 Chen, Eliot (2022-09-25). "Wingtech Takes Flight". The Wire China . Retrieved 2024-10-25.
  7. 1 2 "China's Wingtech to buy biggest UK chip plant amid global crunch". Nikkei Asia . July 6, 2021. Archived from the original on 2024-09-22. Retrieved 2023-03-27.
  8. ↑ Courea, Eleni (2022-04-01). "UK ministers quietly approve Chinese microchip factory takeover". POLITICO . Archived from the original on 2022-04-01. Retrieved 2022-04-01.
  9. ↑ "UK orders China's Nexperia to sell at least 86% of microchip factory". Reuters . 2022-11-16. Archived from the original on 2022-11-16. Retrieved 2022-11-16.
  10. ↑ Toh, Michelle (2022-11-17). "UK orders Chinese-owned company to sell Britain's biggest chipmaker". CNN . Archived from the original on 2022-12-04. Retrieved 2022-12-04.
  11. ↑ Kawakami, Takashi (November 10, 2023). "China's Wingtech to sell U.K. chipmaking plant amid security concern". Nikkei Asia . Archived from the original on 2024-09-22. Retrieved 2024-09-22.
  12. ↑ Yang, Jie; Tilley, Aaron (3 December 2022). "Apple Makes Plans to Move Production Out of China". The Wall Street Journal . Archived from the original on 12 June 2024. Retrieved 4 December 2022.
  13. ↑ Freifeld, Karen (2 December 2024). "Latest US strike on China's chips hits semiconductor toolmakers". Reuters . Retrieved November 3, 2024.
  14. ↑ Bermingham, Finbarr (2025-10-13). "China's Wingtech says Dutch court freezes control of Nexperia amid 'national security' dispute". South China Morning Post . Retrieved 2025-10-12.
  15. ↑ "Dutch government intervenes at Chinese-owned chipmaker Nexperia". Reuters . October 12, 2025. Retrieved October 12, 2025.
  16. ↑ "A strong shield protecting Wingtech Technology (in Chinese)". caifuhao.eastmoney.com. Retrieved 2025-10-31.
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