World
Chinese court freezes $318 million in Nexperia assets as Wingtech presses to regain control — Dutch chipmaker says seizures won't affect day-to-day operations
A court in Dongguan, China, has frozen 2.14 billion yuan (roughly $318 million) in assets held by Dutch chipmaker Nexperia and its equipment arm, ITEC, according to a filing that Chinese parent company Wingtech Technology submitted to the Shanghai Stock Exchange today.
Tue, 01 Sep 2026 18:49:56 GMT
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