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The Latest Breaking News from Wingtech

Wingtech posts $1.3 billion loss and faces Shanghai delisting as Nexperia audit collapses — 57% of company's assets can't be verified

According to a filing to the Shanghai bourse on Wednesday, Wingtech's stock will carry a delisting risk warning starting May 6th.

Tom’s Hardware

Nexperia China claims to be making chips using 12-inch wafers — subsidiary deepens split with Dutch parent as it builds out 'mass production capabilities'

In a statement posted to its Chinese social media account, Nexperia China said it had reached a new milestone in its "independent R&D and mass production capabilities".

Tom’s Hardware

Court orders investigation into China-owned chipmaker Nexperia

The Dutch government previously announced it had effectively taken control of the firm

The Independent UK

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Dutch court hears arguments in Nexperia mismanagement case that upset the global auto industry

Lawyers for Nexperia and its Chinese owners have faced off in an Amsterdam courtroom over alleged corporate mismanagement

The Independent UK

Tech Brief (Jan. 14): China to Release Rules on EV Battery Recycling

U.S. relaxes Nvidia H200 export curbs to China, Luxshare seeks refund on India asset deal

Caixin Global

China warns the Netherlands to ‘immediately correct its mistakes’ over Nexperia saga that has disrupted auto production — chip shipments remain suspended, auto industry suffering from undersupply

Beijing says that the Netherlands is not taking steps to resolve the Nexperia issue, thus extending the chip shortage affecting automotive makers across the globe.

Tom’s Hardware

Nexperia China seeks new wafer suppliers amid legal standoff with Dutch parent, could take 6 months for qualification — chip shortages have suspended some automotive production lines as Nexperia faces wafer shortage

Nexperia’s China unit is moving to line up new wafer suppliers over the next six to nine months amid a deepening legal and operational dispute with its Dutch parent company.

Tom’s Hardware

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Honda to temporarily shut down factories in China and Japan because of chip shortage — disruption caused by fallout from on-going conflict within Nexperia

Honda announced the suspension of operations in five automotive manufacturing plants, citing the lack of legacy chips from Nexperia as the reason behind the move.

Tom’s Hardware

Chinese government wades into Dutch chipmaker dispute — presses Netherlands to resolve Nexperia saga as supply concerns grow

China has called on the Netherlands to move quickly to resolve the dispute surrounding Nexperia after months of supervision measures and a retaliatory export freeze disrupted shipments of components.

Tom’s Hardware

Embattled Dutch chipmaker Nexperia gets into public spat with Chinese owners — accused of deception and obstruction, suspending wafer shipments

Tensions inside Nexperia have sharpened after its parent company, Wingtech Technology, publicly accused the Dutch head office of deception and obstruction.

Tom’s Hardware

Tech Brief (Nov. 24): Wingtech Urges Talks to Restore Control Over Nexperia

CXMT unveils new memory products, Tencent buys stake in Ubisoft subsidiary

Caixin Global

Tech Brief (Nov. 21): Google Launches New Image Generation Model

Wingtech accuses the Dutch government of playing an active role in legal actions that stripped the Chinese company of control over Netherlands-headquartered chipmaker Nexperia, Intel unveils plans to offer custom chip solutions tailored to China’s fast-growing PC and cloud computing markets

Caixin Global

Netherlands suspends Nexperia takeover order as China eases export curbs — de-escalation could be welcome break for automotive industry

The Dutch government has suspended its emergency order to oversee chipmaker Nexperia, returning operational control to Chinese parent company Wingtech.

Tom’s Hardware

Netherlands suspends state seizure of Chinese chipmaker Nexperia

Dutch government’s move pauses dispute that threatened car production around the world

The Guardian - UK

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The Guardian - UK

‘I’d do it all again,’ says Dutch minister at heart of car chip standoff with China

Exclusive: Vincent Karremans says six-week row with Beijing that threatened global car production is ‘wake-up call’

The Independent UK

A crisis at chipmaker Nexperia sent automakers scrambling. Here's what to know

A power struggle over Nexperia, a Chinese-owned Dutch semiconductor maker, is impacting global auto production

Tom’s Hardware

Dutch government allegedly folds to supply chain pressure, will relinquish control of Nexperia in China spat — reports say deal contingent upon China allowing firm to resume chip exports

The Dutch government is ready to relinquish its control over Nexperia if Beijing allows its China factory to resume exports.

The Guardian - UK

China poised to lift ban on chips exports to European carmakers after US deal

Dispute began with Dutch government takeover of Nexperia and China halting exports, threatening car production

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news in one place.

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The Guardian - UK

China accuses Dutch of prolonging chip war that threatens to halt car factories

Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chain

The Independent UK

China blames Netherlands for chip supply tensions amid Nexperia standoff

China's Commerce Ministry has blamed the Netherlands for what it called “chaos” in the semiconductor supply chain

The Guardian - UK

Nexperia halts chip supplies to China in threat to global car production

Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war

Tom’s Hardware

Nexperia's China parent Wingtech declares cash-flow risk despite massive 280% profit surge - car production shutdowns loom as Dutch state tightens grip

Wingtech, the Chinese parent company of Dutch chipmaker Nexperia, has warned investors of a potential cash flow squeeze if it fails to regain operational control of its European subsidiary.

Tom’s Hardware

Nexperia China snubs Dutch HQ amid spat that threatens automotive production — says order to dismiss executive violates labor laws

Nexperia's China subsidiary refuses to follow its HQ's order to vacate the position of John Chang, its VP for global sales and marketing, citing conflict with Chinese law.

Radio France Internationale

Microchip factory in Netherlands caught in tussle between Europe, China and US

Dutch authorities have, for the first time ever, invoked Cold War-era legislation to take control of a Chinese-owned microchip factory – prompting backlash from China. The move underlines the intensifying competition between the United States, China and Europe for global leadership in semiconductor technology.

The Guardian - UK

US raised concerns about Chinese boss of chipmaker before Dutch takeover

Court papers show Netherlands was warned in June that Nexperia might not be able to export to US with him in post

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