Nexperia B.V.
TypeSubsidiary
IndustrySemiconductors
Founded2017 (2017), after its divestiture from NXP Semiconductors
Headquarters
Nijmegen
,
Netherlands
Area served
Worldwide
Key people
Xuezheng Zhang, CEO[1]
ProductsDiscretes, Logic and MOSFET devices
Production output
100 billion units (2022)[2]
RevenueUS$2.1 billion (2022)[2]
Number of employees
14,000 (2022)[2]
ParentWingtech Technology
Websitewww.nexperia.com

Nexperia is a semiconductor manufacturer headquartered in Nijmegen, the Netherlands. It is a subsidiary of the partially state-owned Chinese company Wingtech Technology.[3] It has front-end factories in Hamburg, Germany, Greater Manchester, England, and Newport, Wales.[4] It is the former Standard Products business unit of NXP Semiconductors (previously Philips Semiconductors). The company's product range includes bipolar transistors, diodes, ESD protection, TVS diodes, MOSFETs, and logic devices.[5]

History

Nexperia is a second-generation spin-off of Philips' semiconductor division, whose history dates back to the 1920s when Philips acquired vacuum tubes manufacturer Mullard,[6] whose facility in Hazel Grove became today's Nexperia Manchester,[7] and Valvo in Hamburg.[8][9] In the early 1950s, Philips started with the production of semiconductors in Nijmegen[10] and Hamburg,[9] where the Nexperia wafer fab is located.[11] In 1981, Philips opened a factory in Cabuyao, Philippines. The fab is owned and operated by Nexperia.[12] In 1991, Philips founded ITEC, a manufacturer of semiconductor equipment. Today, ITEC is an independent subsidiary of Nexperia.[13] Philips and Motorola established the Semiconductor Miniature Products factory in Seremban Malaysia in 1992 as a joint venture,[14] which became part of Nexperia.[11]

In 2006, Philips spun off its semiconductor division under the name NXP and sold an 80.1% stake to private equity investors.[15][16] In August 2010, NXP completed its initial public offering and its shares were listed on the Nasdaq.[17] On June 14, 2016, NXP Semiconductors announced an agreement to divest its Standard Products business to a consortium of Chinese financial investors consisting of Beijing Jianguang Asset Management Co., Ltd ("JAC Capital"), a subsidiary of a Chinese state-owned investment company, and Wise Road Capital LTD ("Wise Road Capital").[18] Following the official transaction on February 6, 2017, Nexperia became an independent company, and the entire scope of the NXP Standard Products business, including its management team, and approximately 11,000 NXP employees were transferred from NXP to Nexperia.[19]

On October 25, 2018, Nexperia was acquired by Wingtech Technology, a partially state-owned Chinese ODM for smartphone companies for $3.6 billion.[20][3]

In January 2023, Dutch public broadcaster Nederlandse Omroep Stichting reported that Nexperia chips ended up in Russian military kit despite international sanctions during the Russian invasion of Ukraine.[21][22] Nexperia transceivers were discovered in a Russian Kh-101 missile, according to the Royal United Services Institute.[23]

Acquisitions

In 2021, the company purchased the Inmos microprocessor factory in Newport, Wales.[24][3] On 17 November 2022, the British government ordered Nexperia to divest 86% of its ownership interest in the Newport facility for national security reasons.[25][26] Nexperia subsequently engaged New York law firm, Akin Gump to act on their behalf in their application for a judicial review of the UK government's divestment decision.[27] In November 2023, Nexperia agreed to sell the facility to Vishay Intertechnology for $177 million.[28]

In November 2022, Nexperia acquired the Delft-based manufacturer of power management integrated circuits, Nowi.[29] Subsequently, the Dutch government announced that it would investigate Nexperia's acquisition of Nowi on national security grounds.[30] In November 2023, the Dutch government approved Nexperia's acquisition of Nowi.[31][32]

References

  1. ↑ "Xuezheng Zhang".
  2. 1 2 3 "Company Factsheet" (PDF). www.nexperia.com. Archived from the original (PDF) on 2023-04-02. Retrieved 2023-01-09.
  3. 1 2 3 Shead, Sam (2021-07-07). "The Chinese firm behind the acquisition of the UK's largest chip plant is state backed, analysis shows". CNBC. Retrieved 2022-04-01.
  4. ↑ "Manufacturing | Nexperia". www.nexperia.com. Retrieved 2018-12-20.
  5. ↑ "Nexperia B.V. - Company Overview". Bloomberg.
  6. ↑ "Mullard Limited | Science Museum Group Collection". collection.sciencemuseumgroup.org.uk. Retrieved 2023-12-10.
  7. ↑ "Stockport semiconductor manufacturer partners on electric vehicle technology". Marketing Stockport. 2020-02-27. Retrieved 2023-12-10.
  8. ↑ "Philips Electronics | Science Museum Group Collection". collection.sciencemuseumgroup.org.uk. Retrieved 2023-12-10.
  9. 1 2 "How a radio tube changed the world". www.dos4ever.com. Retrieved 2023-12-10.
  10. ↑ "Industrial city, the arrival of NV Philips". Into Nijmegen. Retrieved 2023-12-10.
  11. 1 2 "Nexperia announces plans to grow global production and increase R&D spend". Power Electronics News. Retrieved 2023-12-10.
  12. ↑ "Philips Semiconductors Philippines, Inc". www.infomaninc.com. Retrieved 2023-12-10.
  13. ↑ "Nexperia spins out ITEC equipment arm – Bits&Chips". Retrieved 2023-12-10.
  14. ↑ "Philips". MIDA | Malaysian Investment Development Authority. Retrieved 2023-12-10.
  15. ↑ Lohr, Steve (2006-09-01). "New Name and Strategy for Chip Division at Philips". The New York Times. ISSN 0362-4331. Retrieved 2023-12-10.
  16. ↑ "Philips Semiconductors Becomes NXP". Electronic Design. 2006-09-06. Retrieved 2023-12-10.
  17. ↑ "NASDAQ OMX Welcomes NXP Semiconductors, NASDAQ's Largest European IPO of 2010, to The NASDAQ Stock Market". Nasdaq. 2010-08-11. Retrieved 2023-12-10.
  18. ↑ Brouwers, Bart (2016-06-15). "NXP Semiconductors to Divest its Standard Products Business". Innovation Origins. Retrieved 2023-02-24.
  19. ↑ Morra, James. "Nexperia Begins Life Divorced from NXP Semiconductors". www.electronicdesign.com. Endeavor Business Media. Retrieved 29 December 2021.
  20. ↑ "China's Wingtech to acquire Dutch semiconductor firm Nexperia for $3.6 bln". Reuters. 25 October 2018. Retrieved 29 December 2021.
  21. ↑ "Millions of computer chips from Dutch manufacturers wound up in Russia: Report". NL Times. 27 January 2023. Retrieved 2023-01-30.
  22. ↑ "Miljoenen chips Nederlandse fabrikanten belanden in Rusland ondanks sancties". Nederlandse Omroep Stichting (in Dutch). 2023-01-27. Retrieved 2023-01-30.
  23. ↑ Field, Matthew (2023-01-28). "How China and Russia are getting their hands on banned Western tech". The Daily Telegraph. ISSN 0307-1235. Retrieved 2023-01-30.
  24. ↑ "UK ministers quietly approve Chinese microchip factory takeover". Politico Europe. 2022-04-01. Retrieved 2022-04-01.
  25. ↑ "UK orders China's Nexperia to sell at least 86% of microchip factory". Reuters. 2022-11-16. Retrieved 2022-11-16.
  26. ↑ "UK blocks chipmaker's sale to Chinese firm, citing security". Associated Press. November 17, 2022. Retrieved November 17, 2022.
  27. ↑ Manners, David (2022-12-30). "Nexperia engages New York law firm to fight UK government over Newport Wafer Fab". Electronics Weekly. Retrieved 2022-12-30.
  28. ↑ Gross, Anna; Pickard, Jim (8 November 2023). "Nexperia sells Newport Wafer Fab to US chip company for $177mn". Financial Times.
  29. ↑ "New Electronics - Nexperia moves into energy harvesting with Nowi acquisition". New Electronics. Retrieved 2022-11-15.
  30. ↑ Clarke, Peter (2023-06-05). "Dutch government to examine Nexperia's acquisition of Nowi". eeNews Europe. Retrieved 2023-06-06.
  31. ↑ "Netherlands to allow takeover of chip startup Nowi by Chinese-owned Nexperia". Reuters. 2023-11-27. Retrieved 2023-12-03.
  32. ↑ "Netherlands Backs Chinese-Owned Nexperia's Takeover of Chip Firm". Bloomberg.com. 2023-11-27. Retrieved 2023-12-03.
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