Wingtech to appeal Dutch court ruling in Nexperia dispute
Wingtech Technology says it will appeal a Dutch court's interim ruling that ordered extra measures to protect chipmaker Nexperia from its owner. Wingtech argues the decision lacks factual and legal basis and interferes with Chinese proceedings.
Wingtech Technology said it will appeal a Dutch court's interim ruling in a dispute over Nexperia, arguing the decision lacked both a factual and legal basis and improperly interfered with ongoing judicial proceedings in China, according to a filing submitted to the Shanghai Stock Exchange on Sunday.
A Dutch court last week ordered additional measures to protect Dutch chipmaker Nexperia from interference by its owner Wingtech, Nexperia said last week.