Nexperia
Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. It is a subsidiary of the partially state-owned Chinese company Wingtech Technology.[3] It has front-end factories in Hamburg, Germany, Greater Manchester, England, and Newport, Wales.[4] It is the former Standard Products business unit of NXP Semiconductors (previously Philips Semiconductors). The company's product range includes bipolar transistors, diodes, ESD protection, TVS diodes, MOSFETs, and logic devices.[5]
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Type | Subsidiary |
---|---|
Industry | Semiconductors |
Founded | 2017NXP Semiconductors | , after its divestiture from
Headquarters | , Netherlands |
Area served | Worldwide |
Key people | Xuezheng Zhang, CEO[1] |
Products | Discretes, Logic and MOSFET devices |
Production output | 100 billion units (2022)[2] |
Revenue | US$2.1 billion (2022)[2] |
Number of employees | 14,000 (2022)[2] |
Parent | Wingtech Technology |
Website | www |
History
On June 14, 2016, NXP Semiconductors announced an agreement to divest its Standard Products business to a consortium of Chinese financial investors consisting of Beijing Jianguang Asset Management Co., Ltd ("JAC Capital"), a subsidiary of a Chinese state-owned investment company, and Wise Road Capital LTD ("Wise Road Capital").[6] Following the official transaction on February 6, 2017, Nexperia became an independent company, and the entire scope of the NXP Standard Products business, including its management team, and approximately 11,000 NXP employees were transferred from NXP to Nexperia.[7]
On October 25, 2018, Nexperia was acquired by Wingtech Technology, a partially state-owned Chinese ODM for smartphone companies for $3.6 billion.[8][3]
In 2021, the company purchased the Inmos microprocessor factory in Newport, Wales.[9][3] On 17 November 2022, the British government ordered Nexperia to divest 86% of its ownership interest in the Newport facility for national security reasons.[10][11] Nexperia subsequently engaged New York law firm, Akin Gump to act on their behalf in their application for a judicial review of the UK government's divestment decision.[12]
In November 2022, Nexperia acquired the Delft-based manufacturer of power management integrated circuits, Nowi.[13] Subsequently, the Dutch government announced that it would investigate Nexperia's acquisition of Nowi on national security grounds.[14]
In January 2023, Dutch public broadcaster Nederlandse Omroep Stichting reported that Nexperia chips ended up in Russian military kit despite international sanctions during the Russian invasion of Ukraine.[15][16] Nexperia transceivers were discovered in a Russian Kh-101 missile, according to the Royal United Services Institute.[17]
References
- "Xuezheng Zhang".
- "Company Factsheet" (PDF). www.nexperia.com. Archived from the original (PDF) on 2023-04-02. Retrieved 2023-01-09.
- Shead, Sam (2021-07-07). "The Chinese firm behind the acquisition of the UK's largest chip plant is state backed, analysis shows". CNBC. Retrieved 2022-04-01.
- "Manufacturing | Nexperia". www.nexperia.com. Retrieved 2018-12-20.
- "Nexperia B.V. - Company Overview". Bloomberg.
- Brouwers, Bart (2016-06-15). "NXP Semiconductors to Divest its Standard Products Business". Innovation Origins. Retrieved 2023-02-24.
- Morra, James. "Nexperia Begins Life Divorced from NXP Semiconductors". www.electronicdesign.com. Endeavor Business Media. Retrieved 29 December 2021.
- "China's Wingtech to acquire Dutch semiconductor firm Nexperia for $3.6 bln". Reuters. 25 October 2018. Retrieved 29 December 2021.
- "UK ministers quietly approve Chinese microchip factory takeover". Politico Europe. 2022-04-01. Retrieved 2022-04-01.
- "UK orders China's Nexperia to sell at least 86% of microchip factory". Reuters. 2022-11-16. Retrieved 2022-11-16.
- "UK blocks chipmaker's sale to Chinese firm, citing security". Associated Press. November 17, 2022. Retrieved November 17, 2022.
- Manners, David (2022-12-30). "Nexperia engages New York law firm to fight UK government over Newport Wafer Fab". Electronics Weekly. Retrieved 2022-12-30.
- "New Electronics - Nexperia moves into energy harvesting with Nowi acquisition". New Electronics. Retrieved 2022-11-15.
- Clarke, Peter (2023-06-05). "Dutch government to examine Nexperia's acquisition of Nowi". eeNews Europe. Retrieved 2023-06-06.
- "Millions of computer chips from Dutch manufacturers wound up in Russia: Report". NL Times. 27 January 2023. Retrieved 2023-01-30.
- "Miljoenen chips Nederlandse fabrikanten belanden in Rusland ondanks sancties". Nederlandse Omroep Stichting (in Dutch). 2023-01-27. Retrieved 2023-01-30.
- Field, Matthew (2023-01-28). "How China and Russia are getting their hands on banned Western tech". The Daily Telegraph. ISSN 0307-1235. Retrieved 2023-01-30.