Chinese Owner Demands $8 Billion from Netherlands Over Nexperia Takeover

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.

11 May, 10:53 — 11 May, 10:53

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nl-timesMostly Factual4h ago

Chinese owner of Nexperia demands $8 billion from Netherlands over government takeover

Wingtech, the Chinese parent of the Nijmegen chipmaker Nexperia, said it will start international arbitration proceedings against the Netherlands under the Netherlands-China investment treaty, dema

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Chinese Owner Demands $8 Billion from Netherlands Over Nexperia Takeover

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Chinese owner of Nexperia demands $8 billion from Netherlands over government takeover

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