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New BIS rules may force Wingtech to cut Nexperia stake

Amanda Liang, Taipei; Sherri Wang, DIGITIMES Asia 0

Credit: AFP

China's Wingtech is grappling with an unprecedented crisis after the Dutch government seized control of its subsidiary Nexperia. In a stunning triple blow, Nexperia's Chinese CEO, Xuezheng Zhang, has been suspended, Dutch authorities have taken over...

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