China freezes $318m in Nexperia assets amid anti-sanctions lawsuit
By Yonnex Li ( September 1, 2026, 07:27 GMT | Insight) -- A Chinese court has frozen 2.14 billion yuan ($318 million) in assets held by Dutch semiconductor manufacturer Nexperia and its equipment unit, handing fresh leverage to the chipmaker's embattled Chinese owner Wingtech Technology. The Shanghai-listed company is seeking 8 billion yuan in damages over Nexperia's involvement in "discriminatory restrictive measures" in violation of China's Anti-Foreign Sanctions Law.A Chinese court has frozen 2.14 billion yuan ($318 million) in assets held by Dutch semiconductor manufacturer Nexperia and its equipment unit, handing fresh leverage to the chipmaker's embattled Chinese owner in a dispute that has strained relations between Beijing and The Hague....
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