Chinese court freezes Nexperia-linked assets worth $318.2 million
A court in Guangdong Province ordered the seizure and freezing of Nexperia-related assets totaling $318.2 million, after the Dutch government seized control last year amid a geopolitical dispute.
A Chinese court froze Nexperia’s assets totaling $318.2 million after the Dutch government took control of the chip maker from its Chinese parent company last year amid a geopolitical dispute. A court in Guangdong Province in southern China ordered the seizure and freezing of 2.14 bil…