Tech Brief (Nov. 24): Wingtech Urges Talks to Restore Control Over Nexperia
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Wingtech Presses Nexperia's Dutch HQ for Talks
Shanghai-listed Wingtech Technology Co. Ltd. said in a Nov. 23 statement that Nexperia’s Dutch headquarters has failed to respond to its goodwill and proposals for talks following an “improper intervention” by the Netherlands' Ministry of Economic Affairs. Wingtech said it is demanding that the Dutch headquarters propose a “constructive and truly sincere solution” to restore Wingtech’s legal control and full shareholder rights.
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- Wingtech criticized Nexperia’s Dutch HQ for not responding to its requests for talks after Dutch government intervention, demanding restoration of legal control.
- CXMT launched DDR5 memory with speeds up to 8,000 Mbps and 24Gb single-die capacity, targeting servers and PCs.
- Tencent invested €1.16 billion for a 26.32% stake in Ubisoft’s Vantage Studios; XPeng entered the hybrid car market; GAC expanded battery swapping initiatives.
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Who’s Who
- Wingtech Technology Co. Ltd.
- Wingtech Technology Co. Ltd. (闻泰科技) is a Shanghai-listed company. It is currently pressing Nexperia's Dutch headquarters for talks after an "improper intervention" by the Netherlands' Ministry of Economic Affairs. Wingtech is demanding a "constructive and truly sincere solution" to restore its legal control and full shareholder rights.
- Nexperia
- Nexperia, represented by "安世半导体" in Chinese, is a company whose Dutch headquarters is being pressed by Wingtech Technology Co. Ltd. Wingtech is demanding a "constructive and truly sincere solution" from Nexperia to restore its legal control and full shareholder rights after an "improper intervention" by the Netherlands' Ministry of Economic Affairs.
- ChangXin Memory Technologies Inc.
- ChangXin Memory Technologies Inc. (CXMT) launched its new DDR5 memory product series at the 22nd IC China in Shanghai on November 23. These new products offer speeds up to 8,000 megabits per second and a maximum single-die capacity of 24 gigabits. CXMT also introduced seven types of modules and new products focusing on servers, workstations, and personal computers.
- Tencent Holdings Ltd.
- Tencent Holdings Ltd. invested 1.16 billion euros ($1.34 billion) in Ubisoft Entertainment SA's subsidiary Vantage Studios. This investment granted Tencent a 26.32% stake. Vantage Studios focuses on popular game series such as 'Assassin's Creed,' 'Far Cry,' and 'Tom Clancy’s Rainbow Six.' The funds will be used to reduce Ubisoft's debt and finance specific investment projects.
- Ubisoft Entertainment SA
- Ubisoft Entertainment SA, a French gaming company, recently received a €1.16 billion investment from Tencent Holdings Ltd. Tencent acquired a 26.32% stake in Ubisoft's subsidiary, Vantage Studios, which is known for game series like 'Assassin's Creed' and 'Far Cry'. The investment will help Ubisoft reduce debt and fund new projects.
- Vantage Studios
- Vantage Studios is a subsidiary of the French gaming company Ubisoft Entertainment SA. Tencent Holdings Ltd. recently invested €1.16 billion in Vantage Studios, acquiring a 26.32% stake. The studio is known for developing major game series such as 'Assassin's Creed,' 'Far Cry,' and 'Tom Clancy's Rainbow Six.' Ubisoft plans to use the investment to reduce debt and fund specific projects.
- XPeng Inc.
- XPeng Inc. has broadened its product line by introducing its first extended-range hybrid vehicle on November 20. The company plans to launch seven "dual-power" models by 2026, with three extended-range models set to debut in the first quarter.
- Guangzhou Automobile Group Co. Ltd.
- Guangzhou Automobile Group Co. Ltd. (GAC Group) is partnering with Contemporary Amperex Technology Co. Ltd. on battery swapping. All future A-class models under GAC's Aion brand will support both charging and battery swapping. Its premium brand, Hyptec, launched battery-swapping models in 2023, and GAC aims to build over 500 battery-swapping stations by 2025.
- Contemporary Amperex Technology Co. Ltd.
- Contemporary Amperex Technology Co. Ltd. (CATL) is collaborating with Guangzhou Automobile Group Co. Ltd. (GAC Group) on battery swapping for electric vehicles. This partnership will ensure all future A-class models under GAC's Aion brand can both charge and swap batteries.
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What Happened When
- Nov. 20, 2025：
- XPeng Inc. launched its first extended-range hybrid vehicle product, ahead of the Guangzhou auto show.
- Nov. 21, 2025：
- Ubisoft Entertainment SA announced that Tencent Holdings Ltd. completed a €1.16 billion investment in its subsidiary Vantage Studios, acquiring a 26.32% stake.
- Nov. 21, 2025：
- XPeng CEO He Xiaopeng stated that the company will launch seven 'dual-power' models in 2026, with three extended-range models set to debut in the first quarter.
- Nov. 21, 2025：
- GAC Group General Manager Ge Xianqing announced during the Guangzhou auto show that GAC will cooperate with CATL in all aspects of battery swapping, and future GAC Aion A-class models will support charging and battery swapping.
- Nov. 23, 2025：
- ChangXin Memory Technologies Inc. (CXMT) released its latest DDR5 memory product series at the 22nd IC China in Shanghai.
- Nov. 23, 2025：
- Wingtech Technology Co. Ltd. stated that as of this date, Nexperia’s Dutch headquarters had failed to respond to its proposals for talks following an intervention by the Netherlands' Ministry of Economic Affairs.
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