Wingtech rejects Nexperia restructuring, cites ‘discrimination’ towards Chinese investors
Shanghai-listed Wingtech Technology has rejected a restructuring proposal under which it would lose control of Dutch chipmaker Nexperia’s assets outside China, condemning the plan as an “expropriation” driven by discrimination. The stand-off deepens a year-long dispute between Wingtech and Dutch…
Sources
- T2Wingtech rejects Nexperia restructuring, cites ‘discrimination’ towards Chinese investorsChina: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone