Source: Tech – South China Morning PostChinese electronic-parts supplier Wingtech is the latest company to face a setback amid the US-China tech war, after Dutch authorities froze control of its local subsidiary in a sign of new risks for Chinese tech firms’ overseas investments.
Semiconductor manufacturer Nexperia, a European unit of the Chinese tech company, is under temporary external management following an order from the Dutch Ministry of Economic Affairs, Wingtech said in a stock exchange filing on Monday.
The rare move by…Read More