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Home » Chinas Wingtech, owner of Nexperia, expects wider loss amid row over Dutch chipmaker

Chinas Wingtech, owner of Nexperia, expects wider loss amid row over Dutch chipmaker

South China Morning Post by South China Morning Post
3 weeks ago
0 0

Wingtech Technology, the Chinese owner of chipmaker Nexperia, is expected to post a loss of between 9 billion yuan (US$1.3 billion) and 13.5 billion yuan in 2025, owing to the Dutch government’s takeover of the semiconductor firm, the Shanghai-listed company said in a statement on Friday.
Wingtech said that its authority over the chipmaker continues to be “temporarily restricted” since the October 7 ruling of the Dutch Enterprise Chamber, a special division of the Amsterdam Court of Appeal,…

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