What’s next after China court freezes US$318m in Nexperia assets amid Wingtech battle?
Industry
Source: SCMP TechPublish time unverified
A Chinese court’s order to freeze 2.14 billion yuan (US$318 million) in Nexperia-affiliated assets has cemented the operational independence of its Chinese manufacturing engine from its European headquarters, leaving its local facilities increasingly isolated amid a prolonged custody battle.