Nexperia warns customers face impending production halts and urges its Chinese unit to reengage, says it hadn't got “any meaningful response” despite outreach
Update Naomi Li Gan / Tech in Asia : Nexperia urges Chinese units to restore supply chain operations Sam Meredith / CNBC : What's going on at Nexperia? China's Wingtech escalates war of words with Dut...
The Dutch seizing Nexperia from Wingtech is a landmark moment, showing it made a mistake allowing its sale and how ensnared the EU is in the US-China tech war
Financial Times :
Nexperia says China has banned it from exporting China-made products, as Beijing retaliates after the Dutch government took over the Wingtech-owned chipmaker
861,000 square foot assembly site in Gaungdong affected as trade war spirals Miranda Jeyaretnam / Time : U.S. and China Appear to Escalate Trade War for Leverage in Dealmaking Mark Hallam / Reuters : ...
Wingtech's Shanghai-listed stock plunged 10%, its daily limit, after the Dutch government seized control of Nexperia, which Wingtech acquired in 2018 for $3.6B
Nexperia parent company Wingtech preps response to ‘exceptional’ steps taken to safeguard ‘crucial technological knowledge’ Toby Sterling / Reuters : Dutch government intervenes at Chinese-owned compu...
The UK blocks the sale of Newport Wafer Fab to Nexperia, owned by China's Wingtech, on national security grounds and orders Nexperia to divest 86% of Newport
Financial Times :
Sources: US lobbied against Newport Wafer Fab acquisition by Dutch subsidiary of China's Wingtech, a deal UK allowed, before launching a national security probe
Wall Street Journal : Tweets: @stuwoo Tweets: Stu Woo / @stuwoo : What does the U.S.-China tech Cold War look like in practice? I talked to people about how a U.S. diplomat is trying to get the U.K. ...
The UK orders a security review of chipmaker Newport Wafer Fab's sale to Nexperia, the Dutch subsidiary of China's Wingtech, after reportedly not intervening
Chad Bray / South China Morning Post : Source: GOV.UK .
Sources: the UK quietly approved the controversial sale of Welsh microchip factory Newport Wafer Fab to Nexperia, the Dutch subsidiary of China's Wingtech
LONDON — The U.K. government has quietly approved the controversial sale of a Welsh microchip factory to a Chinese-owned firm.