Chinese-owned Nexperia said to buy UK chip maker for US$87 million

Wingtech Technology chairman and founder Zhang Xuezheng. Wingtech got into semiconductors in 2019 when it acquired Dutch firm Nexperia, which is now reportedly seeking to acquire the UK’s largest chip maker. Photo: Handout.Wingtech Technology chairman and founder Zhang Xuezheng. Wingtech got into semiconductors in 2019 when it acquired Dutch firm Nexperia, which is now reportedly seeking to acquire the UK’s largest chip maker. Photo: Handout.

Wingtech Know-how chairman and founder Zhang Xuezheng. Wingtech got into semiconductors in 2019 when it got Dutch firm Nexperia, which is now reportedly seeking to manufacture the UK’s greatest chip maker. Represent: Handout.

  • Dutch firm Nexperia, owned by China-based Wingtech, is still in talks to take the UK firm, in accordance to CNBC
  • Info of the deal comes amid heightened tensions between Beijing and Washington, which has scrutinised Chinese language affords to take in one other nation semiconductor firms

Che Pan

Updated: 11: 03pm, 3 Jul, 2021

Wingtech Technology chairman and founder Zhang Xuezheng. Wingtech got into semiconductors in 2019 when it acquired Dutch firm Nexperia, which is now reportedly seeking to acquire the UK’s largest chip maker. Photo: Handout.Wingtech Technology chairman and founder Zhang Xuezheng. Wingtech got into semiconductors in 2019 when it acquired Dutch firm Nexperia, which is now reportedly seeking to acquire the UK’s largest chip maker. Photo: Handout.

Wingtech Know-how chairman and founder Zhang Xuezheng. Wingtech got into semiconductors in 2019 when it got Dutch firm Nexperia, which is now reportedly seeking to manufacture the UK’s greatest chip maker. Represent: Handout.

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