Commission Decision No. 23-M-020/2019:
In the Matter of the Proposed Acquisition by Wingtech Technology, Co., Ltd.
of Shares in Nexperia Holding B.V.
The proposed transaction involves the acquisition of sole control by Wingtech Technology, Co., Ltd. over Nexperia Holding B.V. from Beijing Jianguang Asset Management Co., Ltd, Hefei Jian Guang and Wise Road Capital Ltd.
Wingtech is a listed company on the Shanghai Stock Exchange and operates mostly in the People’s Republic of China, as an original design manufacturer for primarily smartphones, including Huawei and Xiaomi. On the other hand, Nexperia is an independent private limited liability company headquartered in Nijmegen, the Netherlands, and is the holding company of the Nexperia Group, which is active in the market for the manufacture and sale of semiconductors.