ChipsThe Next Webabout 1 hour ago
Court freezes Nexperia stakes in four Chinese units
1 min read
A Dongguan court froze Nexperia's shareholdings in four Chinese subsidiaries, worth about 2.14 billion yuan, until August 2029. Wingtech, Nexperia's Chinese owner, sued the company and three executives in May, seeking 8 billion yuan in damages. Nexperia says operations remain unaffected.
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