Tech Brief (Oct. 13): Wingtech Temporarily Loses Control of Dutch Chipmaker Nexperia
00:00/00:00
Listen to this article
1x
Subscribe now
Listen to the full version
Listen to the full version
Wingtech loses control of Nexperia
Chinese tech firm Wingtech Technology Co. Ltd. has temporarily lost control of its Netherlands-based subsidiary Nexperia after the Dutch government intervened on national-security grounds and ordered a freeze on the semiconductor-maker’s operations.
China opens antitrust probe into Qualcomm
China’s market regulator has opened an investigation into Qualcomm for illegally completing a merger, an official from the State Administration for Market Regulation said Oct. 12. The probe relates to Qualcomm’s acquisition of Israel’s Autotalks. After receiving a complaint, the regulator determined the deal could restrict competition and in March 2024 ordered Qualcomm to file for approval. Qualcomm told the regulator it would abandon the transaction, but proceeded to complete the acquisition in June 2025 without filing. Qualcomm has admitted to the facts, the official said.
You've accessed an article available only to subscribers
VIEW OPTIONS
Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.
Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.
Share this article
Open WeChat and scan the QR code
- DIGEST HUB
Digest Hub
Back
Explore the story in 30 seconds
- Wingtech temporarily lost control of Nexperia as the Dutch government froze its operations on national security grounds.
- China opened an antitrust probe into Qualcomm for illegally completing its acquisition of Autotalks, while Trump announced new US export controls on critical software to China.
- Didi Autonomous Driving raised 2 billion yuan; China Mobile will double its AI investment by 2028; Deepexi passed its Hong Kong IPO hearing.
AI generated, for reference only
Who’s Who
- Wingtech Technology Co. Ltd.
- Wingtech Technology Co. Ltd., a Chinese tech firm, has lost control of its Netherlands-based subsidiary Nexperia. The Dutch government intervened, freezing Nexperia's operations due to national-security concerns, as detailed in the provided article.
- Nexperia
- Nexperia is a Netherlands-based semiconductor-maker. The Chinese tech firm Wingtech Technology Co. Ltd. temporarily lost control of Nexperia after the Dutch government froze its operations due to national security concerns.
- Qualcomm
- China's market regulator has launched an antitrust investigation into Qualcomm. The probe centers on Qualcomm's acquisition of Israel's Autotalks, which was completed in June 2025 despite Qualcomm's previous assurance to abandon the transaction. The regulator believes the deal could restrict competition.
- Autotalks
- Autotalks, an Israeli company, was the target of an acquisition by Qualcomm. However, China's market regulator initiated an antitrust probe into Qualcomm for completing the merger without approval. The regulator determined the deal could restrict competition and ordered Qualcomm to file for approval, but Qualcomm proceeded with the acquisition anyway.
- Dedrone by Axon
- According to the article, Dedrone by Axon is a U.S. military-industrial company involved in drone technology. China's Ministry of Commerce added Dedrone by Axon to its unreliable entity list. This means the company is banned from China-related imports and exports, new investments in China, and transactions with Chinese individuals or organizations.
- DZYNE Technologies
- DZYNE Technologies is a U.S. military-industrial company specializing in drone technology. The Chinese Ministry of Commerce placed DZYNE Technologies on its unreliable entity list, banning the company from China-related imports and exports, new investments in the country, and transactions with Chinese individuals or organizations.
- Elbit Systems of America LLC
- Elbit Systems of America LLC, a U.S. military-industrial company, focuses on drone technology. China's Ministry of Commerce added it to its unreliable entity list on October 9, banning it from China-related imports, exports, new investments, and transactions with Chinese individuals or organizations.
- Didi Autonomous Driving
- Didi Autonomous Driving, also known as 滴滴自动驾驶, secured 2 billion yuan ($276 million) in Series D funding on October 11. This investment, from state-backed entities and GAC Group, will fuel AI research and development and advance the commercial deployment of Level-4 autonomous driving technology.
- GAC Group
- GAC Group, an automaker, is among the investors in Didi Autonomous Driving's 2 billion yuan Series D funding round. These funds will be used to advance AI research and development and promote the commercial rollout of Level-4 autonomous driving technology.
- China Mobile
- China Mobile plans to double its total investment in artificial intelligence by the end of 2028. This state-owned telecom giant aims to establish the country's largest AI computing infrastructure.
- Deepexi Technology
- Deepexi Technology, an enterprise-level AI application solutions provider, has passed its Hong Kong Stock Exchange main board IPO listing hearing. In 2024, the company held a 4.2% market share by revenue in China's enterprise large model AI application solutions market, ranking fifth.
AI generated, for reference only
What Happened When
- March 2024：
- China's State Administration for Market Regulation ordered Qualcomm to file for approval for its acquisition of Autotalks.
- June 2025：
- Qualcomm completed the acquisition of Israel’s Autotalks without filing for approval.
- Oct. 9, 2025：
- China’s Ministry of Commerce placed several U.S. military-industrial companies involved in drone technology on its unreliable entity list.
- Oct. 10, 2025：
- U.S. President Donald Trump announced that export controls on ‘any and all critical software’ to China would be imposed.
- Oct. 10, 2025：
- China’s Ministry of Industry and Information Technology began soliciting public opinion on a proposal to conduct commercial trials for satellite IoT services.
- Oct. 11, 2025：
- China Mobile Chairman Yang Jie announced the company would double its total investment in artificial intelligence by the end of 2028.
- Oct. 11, 2025：
- Didi Autonomous Driving announced it secured 2 billion yuan in Series D funding.
- Oct. 12, 2025：
- China’s market regulator opened an investigation into Qualcomm for illegally completing a merger with Autotalks.
- Oct. 12, 2025：
- Deepexi Technology passed its listing hearing for a main board IPO on the Hong Kong Stock Exchange.
AI generated, for reference only
- PODCAST
- MOST POPULAR
Sign in with Google
Sign in with Facebook
Sign in with 财新