Wingtech Technology has sued Nexperia and five other entities in a Chinese court, seeking RMB 8 billion, or USD 1.18 billion, for economic losses. In …

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

Wingtech Technology has sued Nexperia and five other entities in a Chinese court, seeking RMB 8 billion, or USD 1.18 billion, for economic losses. In …