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Search results for wingtech

Original Design Manufacturers for top Chinese smartphone makers see drop in shipments in 2022: Report
1 year, 8 months ago

Original Design Manufacturers for top Chinese smartphone makers see drop in shipments in 2022: Report

The Hindu  

Smartphone shipments from Original Design Manufacturers/Independent Design Houses declined 5% YoY in 2022 due to economic pressures and weaker demand from China and Europe. However, the contribution of ODMs toward smartphone shipments has been increasing as was witnessed that the proportion of ODM shipments in Vivo rose rapidly in 2022 after the brand kicked off its cooperation with Huaqin and …

Smartphone Yoy 2022 Shipments Odm Huaqin Longcheer
Newport Wafer Fab faces float calls after UK blocks Chinese takeover
2 years, 1 month ago

Newport Wafer Fab faces float calls after UK blocks Chinese takeover

Daily Mail  

Calls for Newport Wafer Fab to be floated on the London stock market mounted after the UK blocked its Chinese takeover over security concerns. The future of the Welsh microchip maker hangs in the balance after the Government ordered Nexperia, which is based in the Netherlands and owned by China’s Wingtech Technology, to reduce its stake from 100 per cent …

London Tech Nexperia Newport Wafer Chinese Takeover Newport Wafer Fab
UK blocks chipmaker’s sale to Chinese firm, citing security
2 years, 1 month ago

UK blocks chipmaker’s sale to Chinese firm, citing security

Associated Press  

LONDON — The British government has blocked a Chinese-owned company’s takeover of a Wales-based microchip maker, calling it a risk to national security. The government said late Wednesday that Business Secretary Grant Shapps issued an order “requiring Nexperia to sell at least 86% of Newport Wafer Fab to prevent against potential national security risks.” Shapps said development of the Newport …

China National Security Britain Newport Nexperia
Cabinet split grows over China’s role in UK’s electric car industry
3 years, 4 months ago

Cabinet split grows over China’s role in UK’s electric car industry

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. They cited the recent purchase of semi-conductor company Newport Wafer …

Security China Independent Investment National Company Huawei
Chinese-backed firm to take over UK's biggest microchip factory
3 years, 5 months ago

Chinese-backed firm to take over UK's biggest microchip factory

The Telegraph  

A Chinese-owned technology company is poised to take over Britain’s largest microchip factory in a £65m deal that has sparked a national security row after ministers refused to intervene. Nexperia, a Dutch company owned by China’s Wingtech, is expected to confirm the takeover of Newport Wafer Fab’s South Wales facility as early as next week, The Telegraph can reveal. Every …

Nexperia