Nexperia eyes China growth with new owner
Nexperia has a new owner. Wingtech Technology – a Chinese computer and telecom equipment manufacturer – has officially obtained a controlling stake in the company from Beijing Jianguang Asset Management (JAC Capital). The deal enables Nexperia to pursue a goal of increasing its business in China according to CEO Frans Scheper.
Headquartered in Nijmegen, Netherlands, Nexperia will stay an independent company, operating under Dutch law, and with the same management team, led by Scheper (pictured).
The new ownership comes during a successful period where the company is out-performing the market, launching more 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 already-burgeoning portfolio of AEC Q100/101-qualified parts.
The company, which makes discretes and MOSFETs as well as analogue and logic ICs, also serves the consumer, communications and industrial markets.
Nexperia has a fine pedigree. It was previously the StandardProducts business unit of NXP Semiconductors. NXP was formerly Philips Semiconductors before being sold to private equity companies.
Says Scheper: “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.”