ChipsTom's Hardwareabout 2 hours ago
Chinese court freezes $318M in Nexperia assets
3 min read
A Dongguan court froze 2.14 billion yuan ($318 million) in Nexperia and ITEC assets, covering equity in five Chinese subsidiaries until August 2029. Wingtech Technology filed the order with the Shanghai Stock Exchange, pressing its year-long fight to regain control of the Dutch chipmaker.
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