Wingtech Technology said a court in Dongguan froze Nexperia B.V.’s stakes in four Chinese subsidiaries under an asset-preservation order. The action is a legal headwind that could complicate Nexperia’s China exposure and downstream control rights pending resolution.
Wingtech Technology said a court in Dongguan froze Nexperia B.V.’s stakes in four Chinese subsidiaries under an asset-preservation order. The action is a legal headwind that could complicate Nexperia’s China exposure and downstream control rights pending resolution.
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