Nexperia and its executives carried out ‘discriminatory restrictive measures’ under China’s Anti-Foreign Sanctions Law, Wingtech says.

Wingtech seeks 8 billion yuan in damages from Nexperia after the Dutch government seized control of the chipmaker, invoking China's Anti-Foreign Sanctions Law.

Wingtech is in China een rechtszaak begonnen tegen chipmaker Nexperia, zijn in Nijmegen gevestigde dochterbedrijf. De Nederlandse overheid greep vorig jaar in bij Nexperia,…

Chinese side says Netherlands' 'discriminatory measures cause enormous losses'

Nexperia and its executives carried out ‘discriminatory restrictive measures’ under China’s Anti-Foreign Sanctions Law, Wingtech says.

Wingtech Technology has sued its Dutch subsidiary Nexperia and three executives for US$1.17 billion under China's anti-foreign sanctions law, intensifying their control dispute.

The Chinese parent company is seeking damages and a court-ordered transfer of assets, escalating its cross-border dispute with the Dutch chipmaker’s leadership