Wingtech sues Nexperia in Chinese court over Dutch government’s semiconductor seizure

Wingtech Technology has filed a lawsuit against its own subsidiary, Nexperia, in a Chinese court. The case, lodged at the Dongguan Intermediate People’s Court, seeks at least 8 billion yuan, roughly $1.1 billion, in damages. It is the first major legal challenge to a European government’s forced seizure of a Chinese-owned chipmaker.