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.

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,…