Nexperia's Chinese owner Wingtech says it is selecting local wafer suppliers, Caixin reports

Core Viewpoint - Nexperia's Chinese unit is actively selecting local suppliers for silicon wafers and expanding its domestic packaging capacity, aiming to secure its production capabilities amid ongoing corporate disputes and supply chain challenges [1][3]. Group 1: Supply Chain Developments - The Chinese unit of Nexperia has secured supplies of Chinese-made silicon wafers to meet its entire production needs for a specific type of power chip in 2026, following a halt in supplies from Nexperia Netherlands due to a corporate dispute [2]. - Wingtech Technology, the owner of Nexperia's Chinese unit, is expected to complete the selection of local suppliers in the first quarter of the year [1]. Group 2: Corporate Governance and Control Issues - The Dutch government took control of Nexperia from Wingtech in September, citing governance issues, which led to a suspension of wafer supplies to the Chinese unit [3]. - Wingtech is still pursuing regaining control of Nexperia, highlighting concerns about fragmented management leading to duplicated investments and competitive risks [4]. - A Dutch court is scheduled to hold a hearing on January 14 to discuss allegations of mismanagement at Nexperia [4].