Wingtech rejects court-appointed split of Nexperia amid Dutch-China tech tensions
Published 2 d ago2 sourcesEvidence: Reported
Dutch semiconductor maker Nexperia is suing its parent company for $2 billion, citing 'considerable negative consequences' from the forced separation of its European and Chinese operations. The lawsuit follows Dutch state guardianship imposed last year amid fears that director Wing Zhang would relocate the European branch to China. This legal action escalates a corporate dispute with geopolitical overtones, potentially affecting semiconductor supply chains and Dutch-China relations.
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