Nexperia has announced that Wingtech Technology, a Chinese computer and telecommunications equipment manufacturer, has officially obtained a controlling stake in Nexperia from Beijing Jianguang Asset Management (JAC Capital). Headquartered in Nijmegen, Netherlands, Nexperia will stay an independent company, operating under Dutch law, and with the same management team, led by CEO Frans Scheper.
The new ownership comes as Nexperia is experiencing a successful period, launching new products and with an expanded manufacturing capacity of more than 90 billion parts annually. Automotive is a key industry for Nexperia, and the company is increasing its portfolio of AEC Q100/101-qualified parts: this acquisition could open up new doors and markets for the company to build on this.
CEO Frans Scheper comments: “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.”
For more information, click here.