China decries Netherlands takeover of Wingtech subsidiary
Taiwan
China 's leading semiconductor association on Tuesday said the Dutch government was "abusing the concept of 'national security'" in taking control of Nijmegen-based semiconductor manufacturer Nexperia, a fully-owned subsidiary of Chinese company Wingtech. Wingtech's shares slid by the maximum permitted 10% before being frozen in Tuesday's trading in Shanghai for a second consecutive day, after the Netherlands announced the move late on Sunday. The Netherlands invoked the country's Goods
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