Wingtech Technology is a Chinese partially

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

semiconductor A semiconductor is a material with electrical conductivity between that of a conductor and an insulator. Its conductivity can be modified by adding impurities (" doping") to its crystal structure. When two regions with different doping level ...

and

communications Communication is commonly defined as the transmission of information. Its precise definition is disputed and there are disagreements about whether Intention, unintentional or failed transmissions are included and whether communication not onl ...

product integration company based in

Jiaxing Jiaxing (), alternately romanized as Kashing, is a prefecture-level city in northern Zhejiang province, China. Lying on the Grand Canal of China, Jiaxing borders Hangzhou to the southwest, Huzhou to the west, Shanghai to the northeast, and the p ...

and listed on the

Shanghai Stock Exchange The Shanghai Stock Exchange (, SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock ...

Background

The company was founded as original design manufacturer in 2006 by a former

STMicroelectronics STMicroelectronics Naamloze vennootschap, NV (commonly referred to as ST or STMicro) is a European multinational corporation, multinational semiconductor contract manufacturing and design company. It is the largest of such companies in Europe. ...

engineer, Zhang Xuezheng. Wingtech's main business includes semiconductor chip design, wafer manufacturing, optical imaging and communication product integration. The company is partially owned by several

state-owned enterprises A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goo ...

under the direction of the

State-owned Assets Supervision and Administration Commission of the State Council The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the State Council of the People's Republic of China. It was founded in 2003 through the consolidation of various other indus ...

(SASAC). In 2019, Wingtech acquired

Nexperia Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. It is a subsidiary of Wingtech Technology, a Shanghai-listed company partially owned by the State-owned Assets Supervision and Administration Commission of th ...

. The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers. In 2021, Wingtech acquired Ofilm Group, a former iPhone camera module supplier. In 2023, Wingtech agreed to sell the Inmos microprocessor factory following a UK government divestment order on national security concerns. During the

2022 COVID-19 protests in China A series of Protests against responses to the COVID-19 pandemic, protests against COVID-19 lockdowns began in mainland China in November 2022. Colloquially referred to as the White Paper Protests ( zh, s=白纸抗议, p=Bái zhǐ kàngyì) or t ...

, Wingtech was reported by ''

The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...

'' to gain an additional foothold in

Apple An apple is a round, edible fruit produced by an apple tree (''Malus'' spp.). Fruit trees of the orchard or domestic apple (''Malus domestica''), the most widely grown in the genus, are agriculture, cultivated worldwide. The tree originated ...

's supply chain following protests at a

Foxconn Hon Hai Precision Industry Co., Ltd. (), Trade name, doing business as Hon Hai Technology Group () in Taiwan, Foxconn Technology Group () in China, and Foxconn () internationally, is a Taiwanese multinational corporation, multinational electron ...

factory in the

Zhengzhou Airport Economy Zone Zhengzhou Airport Economy Zone (), abbreviated as ZAEZ, is an airport-based economy zone developed around Zhengzhou Xinzheng International Airport in Henan, People's Republic of China. It is located about to the southeast of Zhengzhou, and cov ...

. In December 2024, Wingtech was targeted in a new round of US export controls and added to the

United States Department of Commerce The United States Department of Commerce (DOC) is an executive department of the U.S. federal government. It is responsible for gathering data for business and governmental decision making, establishing industrial standards, catalyzing econ ...

Entity List The Entity List is a trade restriction list published by the United States Department of Commerce's Bureau of Industry and Security (BIS), consisting of certain foreign persons, entities, or governments. It is published as Supplement 4 of Part ...

References

External links

* {{Electronics industry in China Semiconductor companies of China Government-owned companies of China Companies based in Zhejiang Companies in the CSI 100 Index 2006 in Jiaxing