Nexperia

Wingtech Technology's acquisition of Nexperia Group (formerly NXP's standard products division) was approved by China's securities regulator on June 5, 2019. The deal is valued at 19.925 billion yuan, giving Wingtech an indirect 79.98% stake in Nexperia.

Chinese intelligent terminals R&D platform Wingtech Technology acquired an 80 percent stake in semiconductor manufacturer Nexperia BV for 27.3 billion yuan.

Wingtech Technology announced it passed antitrust review for its acquisition of Nexperia (formerly NXP's standard products business) for 26.8 billion yuan ($2.68 billion), pending Chinese securities regulator approval.

Wingtech Technology, together with Gree Electric Appliances and other investors, plans to acquire Nexperia, a global leader in discretes, logic and MOSFETs devices, for a total of 20.149 billion yuan.

Chinese contract manufacturer Wingtech plans to pay 18.45 billion yuan ($3.6 billion) to buy a 75.86% stake in Nexperia from its owners, subject to regulatory approval including from CFIUS.

Wingtech Technology's acquisition of Nexperia for CNY 11.435 billion in cash has not completed payment of the remaining balance by the November 1 deadline, but parties have agreed on a new payment timeline.

Chinese company Wingtech Technology Co. announced it will pay 18.5 billion yuan ($2.7 billion) to buy and consolidate stakes in Dutch chipmaker Nexperia.

China's Wingtech Technology plans to acquire control of Dutch semiconductor firm Nexperia Holding for 25.2 billion yuan ($3.63 billion), paying 18.45 billion yuan to buy stakes from existing owners.

Nexperia completed a significant expansion of its ATGD discrete semiconductor assembly and test plant in Guangdong, China, adding 16,000 square metres of production space. The expanded facility can now produce 90 billion parts annually, increasing total company capacity to over 100 billion parts.

Nexperia is converting its Hazel Grove (UK) and Hamburg (Germany) fabs from 6-inch to 8-inch wafer production, adding 20-35% output at both sites by end of 2017.

Nexperia, formerly NXP's Standard Products division, was launched as an independent company after being sold to Chinese investors JAC Capital and Wise Road Capital for $2.75 billion in June 2016.

Nexperia, the spinout from NXP, is upgrading its Hazel Grove fab in Manchester, UK, as part of a capacity expansion for power devices, alongside an ongoing upgrade at its Hamburg plant.