Wingtech

Wingtech Technology is a Chinese partially state-owned publicly-traded semiconductor and communications product integration company based in Jiaxing, Zhejiang. It has been listed on the Shanghai Stock Exchange since 2015.[1][2][3] It is partly owned by Luxshare.

Background

The company was founded as original design manufacturer in 2006 by a former STMicroelectronics engineer, Zhang Xuezheng.[4] Wingtech's main business includes semiconductor chip design, wafer manufacturing, optical imaging and communication product integration.[5] The company is partially owned by several state-owned enterprises under the direction of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).[1][3] Wingtech also produces Trump Mobile's T1 mobile phones.[6][7]

In 2019, Wingtech acquired Nexperia.[5] The Nexperia semiconductor subsidiary, originally Royal Philips semiconductor, manufactures wafers.[8][9][10] In 2021, Wingtech acquired Ofilm Group, a former iPhone camera module supplier.[4] In 2023, Wingtech agreed to sell the Inmos microprocessor factory following a UK government divestment order on national security concerns.[11]

During the 2022 COVID-19 protests in China, Wingtech was reported by The Wall Street Journal to have gained an additional foothold in Apple's supply chain following protests at a Foxconn factory in the Zhengzhou Airport Economy Zone.[12]

In December 2024, Wingtech was targeted in a new round of US export controls and added to the United States Department of Commerce's Entity List.[13]

In October 2025, the Dutch Ministry of Economic Affairs took control of Nexperia using the powers of the Goods Availability Act, citing reasons of national security and European economic security.[14][15] In November 2025, Wingtech filed a challenge in the Supreme Court of the Netherlands.[16]

After the turmoil for Wingtech, the company's controlling shareholder, Zhang Xuezheng, plans to transfer their shares to Wuxi Guolian Group, a Wuxi state-owned enterprise.[17]

External links