Results for "Nexperia"

A ruling freezing billions in yuan has solidified Nexperia's Chinese manufacturing independence from its European headquarters, reshaping its operational structure.

A Chinese court has frozen assets linked to semiconductor manufacturer Nexperia, prompting parent company Wingtech to pledge exhaustive legal action to reclaim control.

Nexperia China has announced a global product launch, marking a rebound for the company following a ban on wafer exports from the Netherlands.

Chinese technology company Wingtech has filed a lawsuit against Nexperia in a Chinese court, escalating a dispute over the control of the Dutch semiconductor firm.

The Chinese parent company of Nexperia is reportedly at risk of severe damage due to an ongoing conflict.

Nexperia's unit in China is reportedly nearing readiness to commence local manufacturing of chips. This development signifies a step towards localized production in the semiconductor industry.

Nexperia China has announced a significant breakthrough in domestic chip-making, signaling a move towards greater self-reliance in semiconductor production.

Nexperia China has announced that it has started producing its own chips, marking a significant step in its manufacturing capabilities.

Nexperia China has reported that most operations are now restored following the mass disabling of office accounts by its Netherlands-based unit.

Nexperia BV’s owner Wingtech Technology Co. said a Chinese court froze 2.14 billion yuan ($318 million) worth of assets held by the Dutch chipmaker, the latest in a protracted tussle for control of…

A court in China has ordered the seizure of $300 million in assets owned by Dutch semiconductor manufacturer Nexperia, escalating a high-stakes legal dispute with Chinese firm Wingtech. The move highlights increasing financial friction between European technology companies and Chinese judicial authorities during ongoing corporate litigation.

The Netherlands is looking to move past its disputes with China concerning companies like Nexperia and ASML, as stated by a Dutch minister. Efforts were made to settle these trade issues during a recent visit to China.

Wingtech, the Chinese parent company of chipmaker Nexperia, is initiating international arbitration proceedings against the Netherlands. The company is demanding $8 billion in compensation following a government takeover.

Nexperia has issued a statement asserting that it is not attempting to harm Wingtech shareholders. The company's declaration addresses concerns regarding its actions or intentions towards the shareholders.

Nexperia's manufacturing unit in China is reportedly nearing readiness to commence local production of chips, signaling a move towards greater domestic semiconductor self-sufficiency.

Nexperia China has claimed to be producing chips using 12-inch wafers, a development that further deepens its split with its Dutch parent company as it builds out mass production capabilities.

China's Ministry of Commerce (MOFCOM) reports that Nexperia B.V. has mass disabled office accounts for all employees in China, creating new obstacles and hindering corporate negotiations.

Nexperia is trying to part ways with its Chinese owner, Wingtech, sources told the

Chinese semiconductor company Wingtech has initiated legal proceedings against Dutch chipmaker Nexperia, demanding more than $1 billion in compensation. The lawsuit centers on alleged contractual breaches and commercial disputes surrounding their technology partnership.

The Nijmegen-based semiconductor firm Nexperia is reporting robust financial recovery following a period of downturn linked to geopolitical friction between China and the Netherlands.

Chinese technology company Wingtech has filed a lawsuit in China against its Dutch chipmaker subsidiary, Nexperia, seeking €1 billion in damages following a Dutch intervention.

Chinese tech company Wingtech is demanding €6.8 million in compensation from the Dutch state following its intervention regarding Wingtech's subsidiary, Nexperia.

China has cleared the way for a landmark visit by the Dutch trade minister – signalled by Beijing’s quiet removal of long-held sanctions on the official – at a time when their bilateral relations…

The foreign ministers of China and the Netherlands held their first phone call, aiming for a "pragmatic" reset in relations while the dispute over Nexperia continues.

Nexperia China has announced that it has commenced the production of its own chips, signaling a move towards greater self-sufficiency in semiconductor manufacturing.

Efforts from Beijing, The Hague, and Brussels to ⁠push both to a mediated resolution have done little to resolve the impasse

Nexperia has disabled the accounts of its staff in China as a control dispute escalates, impacting its operations in the region.

Nexperia will receive a $60 million loan from Invest International to enhance its chip production capabilities.