 | |
Native name | 聞泰科技股份有限公司 |
|---|---|
| Company type | Public; state-owned (partial) |
| SSE: 600745 | |
| Industry | Manufacturing |
| Founded | 2006 |
| Headquarters | Jiaxing, Zhejiang, China |
| Products | Electronics |
| Owner | State-owned Assets Supervision and Administration Commission of the State Council |
| Subsidiaries | Nexperia |
| Website | www |
Wingtech Technology is a partially state-owned semiconductor and communications product integration company based in Jiaxing and listed on the Shanghai Stock Exchange. [1] [2] [3]
The company was founded as original design manufacturer in 2006 by a former STMicroelectronics engineer, Zhang Xuezheng. [4] Wingtech's main business includes semiconductor chip design, wafer manufacturing, optical imaging and communication product integration. [5] 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]
In 2019, Wingtech acquired Nexperia. [5] The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers. [6] [7] [8] In 2021, Wingtech acquired Ofilm Group, a former iPhone camera module supplier. [4] In 2023, Wingtech agreed to sell the Inmos microprocessor factory following a UK government divestment order on national security concerns. [9]
During the 2022 COVID-19 protests in China, Wingtech was reported by The Wall Street Journal to gain an additional foothold in Apple's supply chain following protests at a Foxconn factory in the Zhengzhou Airport Economy Zone. [10]
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. [11]
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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...
Wingtech is part-owned by a number of state-owned enterprises...
