Chinese-Owned Dutch Chipmaker to Invest $200 Million in Germany

(Bloomberg) — Nexperia Holding BV, a Dutch chipmaker owned by Shanghai-listed Wingtech Technology Co. Ltd., will invest $200 million to develop and manufacture semiconductors at its Hamburg production facility.

The company intends to build production lines for chips made of silicon carbide and gallium nitride at the site over the next two years, Nijmegen-based Nexperia said in a statement on Thursday. Such chips are particularly energy-efficient, leading to more compact and powerful electronic devices, it said.