Page 18 - Wingtech Technology News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHARE China is looking to get its hands on more semiconductor manufacturing technology through a cut-price deal that will see the Dutch chip maker Nexperia B.V. acquire U.K.-based Newport Wafer Fab. Nexperia, which is owned by the Chinese private equity firm Wingtech Technology Co. Ltd., is already the second-largest shareholder in NWF, CNBC reported. Nexperia Chief Operations Officer Achim Kempe said that acquiring NWF, the largest chip producer in the U.K., would help it to make more chips and meet soaring demand for its products. “The Newport facility has a very skilled operational team ...

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Paul van Gerven 11:02 Liberated from its cash-cow yoke, Nexperia has been growing healthily since it was divested from NXP in 2017. Now, the semiconductor company has cranked up the ambition level, venturing out beyond standard products. “When I present an investment proposal to our CEO Xuezheng Zhang these days, I don’t just get an approval, I get asked: can you do more? Can you do this faster? Can you double it? In the 30 years I’ve been working in the semiconductor industry, it has never happened to me that I want to hire 15 new engineers, only to be suggested that 20 or 30 might be ...

Apple Cuts Off China’s Ofilm Over Xinjiang Labor Bloomberg 4 days ago Bloomberg News © Bloomberg A customer holds an Apple Inc. iPhone 11 outside a store in San Francisco, California, U.S., on Friday, Oct. 23, 2020. The iPhone 12 and iPhone 12 Pro went on sale in stores, but with individual shopping sessions replacing the famous lines and crowds around locations. (Bloomberg) -- Apple Inc. has severed ties with Chinese component supplier Ofilm Group Co. over allegations it’s involved in a government program that transfers ethnic minorities from Xinjiang to other parts ...

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