A Chinese court has frozen Nexperia’s stakes in four of its own subsidiaries

A court in Dongguan has frozen Nexperia’s shareholdings in four of its Chinese subsidiaries, worth about 2.14 billion yuan, with the order remaining in place until August 2029. The order took effect in the last week of August, Reuters reported. The assets include Nexperia’s stakes in semiconductor operations in Wuxi and Shanghai, as well as […] This story continues at The Next Web

Read it at The Next Web ↗

← Front page