Mmastodon TechnologySemiconductors first seen 7 d ago, last 6 d ago, peak #4

Wingtech rejects court-backed plan to hand over Nexperia control

Original: Shanghai-listed Wingtech Technology has rejected a court-backed plan to hand control of Dutch chipmaker Nexperia's globa

Shanghai-listed Wingtech Technology has rejected a court-backed plan to transfer control of Dutch chipmaker Nexperia's global business to an outside investor, calling the move expropriation and discrimination against Chinese investors. Nexperia has filed a lawsuit seeking 2.3 billion US dollars. The dispute deepens tensions between Beijing and the Netherlands over control of the strategically important chipmaker.

Why now: Ongoing China-Netherlands standoff over Nexperia's ownership amid semiconductor supply concerns

Wingtech TechnologyNexperiaNetherlandsChina

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• Shanghai-listed Wingtech Technology has rejected a court-backed plan to hand control of Dutch chipmaker Nexperia's global business to an outside investor, calling it expropriation and discrimination against Chinese investors. Nexperia has filed a 2.3B USD lawsuit against… · china@universeodon.com · 1

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