A Chinese court froze up to $300M of assets held by Dutch chipmaker Nexperia, giving its Chinese parent company Wingtech leverage in its bid to regain control (Eduardo Baptista/Reuters)

Why It Matters

Eduardo Baptista / Reuters : A Chinese court froze up to $300M of assets held by Dutch chipmaker Nexperia, giving its Chinese parent company Wingtech leverage in its bid to regain control   —  A Chinese court has frozen up to 2.14 billion yuan ($300 million) of assets held by Dutch chipmaker Nexperia and its equipment arm …

Provenance