Nexperia, a global leader in discrete MOSFET components and analog & logic integrated circuits, announced on Christmas Eve that it had officially been acquired by Wingtech Technology, a Chinese computer and telecom equipment manufacturer, who bought out Beijing Jianguang Asset Management Co. Ltd’s (JAC Capital) controlling stake.
Wingtech’s expected acquisition of Nexperia, subject to regulatory approval, including that of the Committee on Foreign Investment in the United States (CIFUS), was announced all the way back in October 2018.
With its headquarters in Nijmegen, Netherlands, Nexperia will remain as an independent company operating under the same CEO and senior leadership team and will also remain subject to Dutch law.
Nexperia's fabrication building in Guangdong, China. Image Credit: Nexperia.
Outperforming the Market
Wingtech’s acquisition comes as Nexperia is benefitting from a period of hugely successful performance, far outpacing and outperforming the market and other major actors. Nexperia is continuously developing and launching more new products thanks to its manufacturing capacity of more than 90 billion parts per year. It continues to innovate and grow with impressive new products that are efficient in power, size, and performance, all non-negotiable traits for components designed to be used in modern applications.
One area where Nexperia has had significant success is in automotive, a key industry for the company. The company is increasing its already vast portfolio of AEC Q100/101-qualified parts. Nexperia also leads the way in consumer, communications, and industrial markets.
Frans Scheper, CEO of Nexperia, said, “Expanding our business in China has been one of our main goals since we launched in 2017. The change of ownership is another step that confirms we are on the right track and it will open up new opportunities for Nexperia, like 5G and related sectors. We have ambitious growth plans and will continue to invest to support both new technologies and expanded capacity at our worldwide facilities.”
As a result of the acquisition, China’s Wingtech now owns 75.86 percent of Nexperia.
Potential acquisitions like that of Nexperia by Wingtech have not always come to fruition for Chinese firms. Last year, Chinese regulators blocked QUALCOMM Inc’s looming $44 billion deal to buy NXP amid the escalating trade tensions between the United States and China.