Chinese court freezes Dutch chipmaker Nexperia B.V.’s stakes in four China units
4 Articles
4 Articles
Chinese court freezes Dutch chipmaker Nexperia B.V.’s stakes in four China units
BEIJING, Aug 31 (Reuters) - China's Wingtech Technology said a court in Dongguan froze Dutch chipmaker Nexperia B.V.'s stakes in four Chinese subsidiaries under an asset-preservation order. (Reporting by Eduardo Baptista)...
A Dongguan court froze Nexperia B.V.’s shares in four Chinese subsidiaries, a decision communicated by Wingtech Technology as the tension between China and the Netherlands grows around the chip manufacturer.
A Chinese court has frozen up to $300 million in assets of the Dutch chip manufacturer Nexeria and its equipment subsidiary, in a case filed by the Chinese owner of the company, Wingtech Technology.
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