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TechInnovation/China – Wingtech announces acquisition of UK chipmaker NWF via its Dutch subsidiary (Global Times)

Chinese electronics software giant Wingtech Technology announced on Monday night that its subsidiary, the Holland-based semiconductor company Nexperia, has signed an agreement to acquire the UK’s largest chipmaker, Newport Wafer Fab (NWF).

Wingtech announces acquisition of UK chipmaker NWF via its Dutch subsidiary – Global Times

Employees work at a smartphone parts factory in Fuyang, East China’s Anhui Province. Photo: CFP

Employees work at a smartphone parts factory in Fuyang, East China’s Anhui Province. Photo: CFP