Company Notice

Existing warehouse will keep operation till 12pm (GMT +8) of July 20 and new warehouse operation will be effective from Jul 23, 2018 (Mon).

Existing warehouse will keep operation till 12pm (GMT +8) of July 20 and new warehouse operation will be effective from Jul 23, 2018 (Mon).

We apologize for any inconvenience this may cause. Please operate in accordance with the following address and contact details.

 

New warehouse information

Tel: 853-24195228
Fax: 852-22725589
Address: 3F, China Resource International Logistics Centre 2 Tat Mei Road, Kwai Chung, N.T. Hong Kong

 

pdf.png   Download the Letter

Back

By end of Q2 2018 the allocation for SOT223 parts has been eased and lead time step by step will reach targeted level of 8-10 weeks by Q3 end.

Dear Customer,

It is my pleasure to inform you that by end of Q2 2018 the allocation for SOT223 parts has been eased and lead time step by step will reach targeted level of 8-10 weeks by Q3 end.

As reported, our core remedial actions included building up in very short term additional capacities in qualified Assembly Sites. I am extremely happy to report, that within 1 year our capacity has increased from 220m pcs in 2017 to 360m pcs in 2018 and further investment to double our capacity in near future.

However, with March 2018 the last shipment from our long term BE partner in Guangdong ATGD has been prepared. There is no chance to extend the supply relationship and all further shipments will have to come from our new partner.

The WeEn Sales Manager and our Customer Relationship Team will answer any question you might have and assist you in managing the new supply situation.

I like to thank you for your confidence and patience and appreciate your support in solving this critical supply challenge.


Yours Sincerely, 

Markus Mosen 
CEO of WeEn Semiconductor

Back

As we already informed 2 month ago in March, the Market demand of discrete semiconductor in SOT223 package has increased sharply, mainly driven by automotive and mobile markets.

Dear Customer,

As we already informed 2 month ago in March, the Market demand of discrete semiconductor in SOT223 package has increased sharply, mainly driven by automotive and mobile markets. This situation exceeds our available capacity. Accordingly we already announced our increased delivery lead time of 26 weeks in FEB 2017.

Above described situation remains unchanged and WeEn Semiconductors expects this situation to continue until end of Q1'2018. We plan to update on supply situation and our progress of improvement action on a quarterly base next in June 2017.

We are aware that this supply situation is far from being satisfying and we increased our efforts to ease this situation as soon as possible:

A Task Force under the leadership of the WeEn COO has been set up to speed up the process of building additional capacities thru qualifying alternative assembly site. Assembly Partner has been identified, Lead Products are in testing stage for Qualification
We are preparing the PCN distribution for beginning of Q3 and we appreciate customer to qualify our new assembly site with high priority We
We thank you for your confidence and appreciate your support and understanding. Your WeEn regional manager will answer any question you might have and assist you in managing this situation.

 

Yours Sincerely, 

Markus Mosen 
CEO of WeEn Semiconductor

Back

EINDHOVEN, Netherlands, June 14, 2016 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today announced an agreement to divest its Standard Products business to a consortium of financial investors consisting of Beijing Jianguang Asset Management Co., Ltd (“JAC Capital”) and Wise Road Capital LTD (“Wise Road Capital”).

EINDHOVEN, Netherlands, June 14, 2016 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ:NXPI) today announced an agreement to divest its Standard Products business to a consortium of financial investors consisting of Beijing Jianguang Asset Management Co., Ltd (“JAC Capital”) and Wise Road Capital LTD (“Wise Road Capital”). Under the terms of the agreement the consortium will pay approximately $2.75 billion for the business. The transaction is expected to close in the first quarter of 2017, pending all required regulatory approvals and employee representative consultations.

The NXP Standard Products business is an industry leading supplier of Discrete, Logic and PowerMOS semiconductors focused on the Automotive, Industrial, Computing, Consumer, and Wearable application markets. At the close of the transaction, the NXP Standard Products business will be branded Nexperia, which will be headquartered in Nijmegen, the Netherlands. For fiscal 2015, the NXP Standard Products business had annual revenue of $1.2 billion.

"This transaction is a positive accomplishment for all parties involved. It enables NXP to continue to focus on its High-Performance Mixed Signal business, furthering our Secure Connections for a Smarter World strategy,” said Rick Clemmer, NXP Chief Executive Officer. “We believe the creation of Nexperia benefits our customers, as JAC Capital and Wise Road Capital will focus on global investments to enhance and support the future growth of the business."

"We are pleased to have reached an agreement to acquire the Standard Products business from NXP with its strong team and established technology. We will enhance the competitive position of the business globally through thoughtful investment in R & D, manufacturing and customer service to strengthen its global market position. JAC Capital, with its strong background in financial industries and many years of experience in the semiconductor and telecom areas, will actively help the management team of the new company to achieve long term success. Additionally, we will continue to support the existing labour conditions for the Standard Product employees, as they are a critical component to the long term success of the business," said Brighten Li, Chairman of JAC Capital Investment Evaluation Committee.

"We are committed to provide Nexperia the capital it requires to accelerate its global growth strategy, which we believe will help to accelerate product introductions in key target markets, while assuring no disruption to Nexperia’s global customer and supplier base. Although servicing a variety of markets, Nexperia will be especially increasing focus on automotive applications and providing their required high-level of quality solutions. In addition, we will help Nexperia expand its strong position in the fast-growing global emerging markets, through our strong network of industrial leaders," said Michael Zhang, Managing Partner of Wise Road Capital.

Under the agreement, the entire scope of the NXP Standard Products business, including its management team, led by Frans Scheper, and approximately 11 thousand NXP employees will be transferred to Nexperia. Nexperia will be an independent company incorporated in the Netherlands, and will be fully owned by JAC Capital and Wise Road Capital upon the close of the transaction. Additionally, NXP’s Standard Product front end wafer fabs in Manchester, UK, and Hamburg, Germany, and the back-end facilities in Guangdong, China, Seremban, Malaysia, and Cabuyao, Philippines, will be transferred to Nexperia, as well as the in-house equipment manufacturer ITEC and all relevant patents and intellectual property associated with the Standard Products business.

The transaction, including the entry into and the terms of the definitive agreements and the approval of JAC Capital and Wise Road Capital as the acquirers are subject to review and approval by the US Federal Trade Commission, the European Commission, MOFCOM and other agencies. Credit Suisse acted as exclusive financial adviser to NXP.

Conference Call and Webcast Information

NXP will host a conference call on June 14, 2016, at 8:00 a.m. U.S. Eastern Time to discuss the announcement of the divesture of its Standard Products business. Interested parties may join the conference call by dialling 1-888-603-7644 (within the U.S.) or 1 484-747-6631 (outside of the U.S.). The participant pass-code is 31466865. To listen to a webcast of the event, please visit the Investor Relations section of the NXP website at www.nxp.com/investor . The webcast will be recorded and available for replay shortly after the call concludes.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ:NXPI) enables secure connections and infrastructure for a smarter world, advancing solutions that make lives easier, better and safer. As the world leader in secure connectivity solutions for embedded applications, NXP is driving innovation in the secure connected vehicle, end-to-end security & privacy and smart connected solutions markets. Built on more than 60 years of combined experience and expertise, the company has 44,000 employees in more than 35 countries and posted revenue of $6.1 billion in 2015. Find out more at www.nxp.com.

About Beijing Jianguang Asset Management Co., Ltd. (JAC Capital)

Beijing Jianguang Asset Management Co., Ltd. (“JAC Capital”) is a subsidiary of JIC Capital which is part of JIC Group (China Jianyin Investment Ltd). JAC Capital was established for the purpose of investing in the high tech industry including semiconductor, information technology, networking, data service, cloud computing and telecommunications. By taking advantage of the abundant resources of its shareholders in the international financial market, JAC Capital partners with industrial leaders in various sectors and makes investments in the focused high tech industry and the global semiconductors market to support its continuous development.

About Wise Road Capital LTD (Wise Road Capital)

Wise Road Capital is a global private equity fund that is focused on investing into solid high tech companies by identifying opportunities in enabling technologies for global urbanization and smart/green life through close cooperation with leading companies along several main themes, including smart city, intelligent manufacturing, renewable energies, etc. Wise Road Capital is striving to build a healthy international eco-system around those key themes through its investments and its international management team with a combination of industry and investment background.

Forward-looking Statements

This document includes forward-looking statements which include statements regarding NXP’s business strategy, financial condition, results of operations, and market data, as well as any other statements which are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These factors, risks and uncertainties include the following: market demand and semiconductor industry conditions; the ability to successfully introduce new technologies and products; the end-market demand for the goods into which NXP’s products are incorporated; the ability to generate sufficient cash, raise sufficient capital or refinance corporate debt at or before maturity; the ability to meet the combination of corporate debt service, research and development and capital investment requirements; the ability to accurately estimate demand and match manufacturing production capacity accordingly or obtain supplies from third-party producers; the access to production capacity from third-party outsourcing partners; any events that might affect third-party business partners or NXP’s relationship with them; the ability to secure adequate and timely supply of equipment and materials from suppliers; the ability to avoid operational problems and product defects and, if such issues were to arise, to correct them quickly; the ability to form strategic partnerships and joint ventures and to successfully cooperate with alliance partners; the ability to win competitive bid selection processes to develop products for use in customers’ equipment and products; the ability to successfully establish a brand identity; the ability to successfully hire and retain key management and senior product architects; and, the ability to maintain good relationships with our suppliers. In addition, this document contains information concerning the semiconductor industry and NXP’s business segments generally, which is forward-looking in nature and is based on a variety of assumptions regarding the ways in which the semiconductor industry, NXP’s market segments and product areas may develop. NXP has based these assumptions on information currently available, if any one or more of these assumptions turn out to be incorrect, actual market results may differ from those predicted. While NXP does not know what impact any such differences may have on its business, if there are such differences, its future results of operations and its financial condition could be materially adversely affected. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak to results only as of the date the statements were made. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, NXP does not have any intention or obligation to publicly update or revise any forward-looking statements after we distribute this document, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors listed in our SEC filings. Copies of our SEC filings are available on our Investor Relations website, www.nxp.com/investor or from the SEC website, www.sec.gov.

 

For further information, please contact:

Investors:
Jeff Palmer
jeff.palmer@nxp.com
+1 408 518 5411

Media:
Joon Knapen
joon.knapen@nxp.com
+49 151 257 43 299

Back

NXP Semiconductors N.V. (NASDAQ: NXPI) and Beijing JianGuang Asset Management Co. Ltd (JAC Capital) today announced that they have completed the transaction under which it established Bipolar Power joint venture (JV) WeEn Semiconductors in China following the clearance of regulators.

Eindhoven, Netherlands, Nov. 9, 2015 - NXP Semiconductors N.V. (NASDAQ: NXPI) and Beijing JianGuang Asset Management Co. Ltd (JAC Capital) today announced that they have completed the transaction under which it established Bipolar Power joint venture (JV) WeEn Semiconductors in China following the clearance of regulators. The intention to establish this JV was originally announced on February 19, 2015.

WeEn combines NXP's advanced technology from its Bipolar Power business line with JAC Capital's strong connections in the Chinese manufacturing network and distribution channels to lower manufacturing costs and boost profit margins of high end electronic products in China. JAC Capital has a 51% stake in WeEn while NXP owns the remainder.

WeEn will seek to capture the opportunities arising from China's growing demand for electronic products in the consumer, automotive, smart manufacturing and medical equipment sectors. Current Chinese government policies provide great incentives to the high tech sector, including semiconductors, which will accelerate the growth of the industry in the next few years.

"The completion of this transaction marks another step in NXP's efforts in China, an electronics market which offers outstanding growth opportunities," said Frans Scheper, executive vice president and general manager of the Standard Products business, NXP Semiconductors. "With JAC Capital as partner we will be able to gain further market reach as a genuine Chinese business, allowing us to provide the best possible customer support to our global customer base and offer the greatest competitive advantages."

William Sun, the general manager of JAC Capital said: "The completion of this deal is a significant milestone for Beijing Jianguang's investment in the semiconductor industry. It is a great achievement from the cooperation between JAC Capital and NXP. With NXP's leadership in the semiconductor industry and our strong local network, jointly we can provide the financial and industrial support to WeEn allowing it to rapidly develop its operations. This will not only be beneficial for both parties but will also greatly promote China’s local industry and economy."

In addition to the today completed transaction, NXP and JAC are in the final stages of the regulatory approval process in respect of the acquisition by JAC of NXP's RF Power business, which is targeted to close on December 7, next.

About WeEn Semiconductors

WeEn Semiconductors is a global joint venture of Beijing Jianguang Asset Management ("JAC Capital") and NXP Semiconductors (NASDAQ: NXPI), bridging the gap between the East and West. As the first dedicated bipolar supplier,WeEn Semiconductors is focused on improving and developing a complete portfolio of industry-leading bipolar power products supported by excellent customer support worldwide, and intends to bring the benefits of bipolar technology to new and existing markets. WeEn Semiconductors is registered at Nanchang city which is the capital city of Jiangxi province, China. It fully owns subsidiaries and branches in Jilin city for bipolar production, in Shanghai and the United Kingdom for R&D and production support, in Hong Kong for Sales activities, and in many other countries for sales and customer services, respectively. Find out more at http://www.weensemi.com

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable Secure Connections for a Smarter World. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the application areas Connected Car, Security, Portable & Wearable and Internet of Things. NXP has operations in more than 25 countries, and posted revenue of $5.65 billion in 2014. Find out more at nxp.com.

About JAC Capital

Beijing Jianguang Asset Management Co., LTD. ("JAC Capital") is a subsidiary of JIC Capital. JAC Capital was established for the purpose of investing in the high tech industry including semiconductor, information technology, networking, data service, cloud computing and telecommunications.By taking advantage of theabundant resources in the international financial market, JAC Capital partners with industrial leaders in various sectorsmake investments in the focused high tech industry and the global semiconductors market to support its continuous development.

 

For further information, please contact:

Investors:
Jeff Palmer
jeff.palmer@nxp.com
+1 408 518 5411

Media:
Joon Knapen
joon.knapen@nxp.com
+49 151 257 43 299

Back

Eindhoven, Netherlands, February 19, 2015 - NXP Semiconductors N.V. (NASDAQ: NXPI) and China state-owned investment company JianGuang Asset Management Co. Ltd (JAC Capital) today announced that they have signed an agreement with the intention to establish a joint venture (JV) in China.

Eindhoven, Netherlands, February 19, 2015 - NXP Semiconductors N.V. (NASDAQ: NXPI) and China state-owned investment company JianGuang Asset Management Co. Ltd (JAC Capital) today announced that they have signed an agreement with the intention to establish a joint venture (JV) in China. The JV is intended to combine NXP’s advanced technology from its Bipolar Power business line with JAC Capital’s strong connections in the Chinese manufacturing network and distribution channels to lower manufacturing costs and boost profit margins of high end electronic products in China. The transaction is subject to the successful conclusion of the definitive agreements as well as the approval by relevant authorities, and is scheduled to close later this year.

The new JV will seek to capture the opportunities arising from China’s growing demand for electronic products in the consumer, automotive, smart manufacturing and medical equipment sectors. Current Chinese government policies provide great incentives to the high tech sector, including semiconductors, which will accelerate the growth of the industry in the next few years.

The JV represents another step in NXP’s strategy in China to strengthen ties with policy makers, customers and partners to better align with local guidelines and best business practice over the long term. JAC Capital’s well established relationships with the Chinese government and finance industry will ensure successive injection of capital investment to support research and development for new products and market expansion in China and globally. Following regulatory approvals, the agreement will see JAC Capital owning a 51% stake in the JV and NXP taking the remaining 49% share.

“The Chinese electronics market has a great deal of potential and offers outstanding opportunities for NXP to further accelerate our business growth. We are seeing an increasing demand for high performance and high value added products and with this joint venture we will be in an even stronger position to address those needs,” said Frans Scheper, executive vice president and general manager of the Standard Products business, NXP Semiconductors. “We will greatly benefit from JAC Capital’s government and industry network in China, and we will be able to gain further market reach as a genuine Chinese business, allowing us to provide the best possible customer support to our global customer base and offer the greatest competitive advantages.”

“JAC Capital hopes to build a long term partnership with NXP and will bring in financial and industrial support to the JV to expand its semiconductor production market in China and worldwide,” said William Sun, the general manager of JAC Capital. “With NXP’s leadership in the semiconductor industry and the strong government support through JAC Capital’s partners, the future rapid development of the JV will be beneficial for both parties and greatly promote China’s local industry and economy.”

About JAC Capital

Beijing JianGuang Asset Management Co., LTD. (short as “JAC Capital”) is a subsidiary of JIC Capital which is a state-owned investment group. JAC Capital was established for the purpose of investing in high TECH industry including Integrated Circuit and semiconductor, IT and Networking, Data service, Cloud Computing and Telecommunication. With the support from its financial institution shareholders and governments, JAC Capital partners with Chinese industrial leaders in various sectors and makes investments in the focused high TECH industry to support the continuous development of local economy and the industrial transformation strategy of China.

About NXP Semiconductors

NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable Secure Connections for a Smarter World. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the application areas Connected Car, Security, Portable & Wearable and Internet of Things. NXP has operations in more than 25 countries, and posted revenue of $5.65 billion in 2014. Find out more at nxp.com.

Back