Bosera CSI Hubei Transformation of Old and New Economic Drivers ETF(159743.SZ)

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Bosera CSI Hubei Transformation of Old and New Economic Drivers ETF
159743.SZ
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Linktel Technologies plans to seek Hong Kong listing

Linktel Technologies plans to seek Hong Kong listing

marketscreener·
SZ
301205
+6.31%
marketscreener·
SZ
301205
+6.31%

Chipmaker Nexperia and Chinese owner Wingtech fight for control in Dutch court

A Dutch court is set to hear a control dispute between chipmaker Nexperia and its Chinese owner Wingtech. The conflict escalated after the Dutch government seized control of Nexperia due to concerns over operations being transferred to China. Nexperia's European executives are seeking an investigation into alleged mismanagement by Wingtech. The court previously suspended Wingtech's CEO, citing conflicts of interest. Wingtech argues that its strategy is essential for tapping into China's car market. Nexperia is now splitting into two companies as it seeks alternative chip suppliers and plans to enhance packaging capacity in Malaysia.

Reuters·
SH
600745
+1.52%
Reuters·
SH
600745
+1.52%

Sanan Optoelectronics Expects to Swing to 2025 Loss; Shares Down 7%

Sanan Optoelectronics Expects to Swing to 2025 Loss; Shares Down 7%

marketscreener·
SH
600703
+10.03%
marketscreener·
SH
600703
+10.03%

Wingtech’s control over Nexperia must be restored to protect global chip supply, chairwoman says

Wingtech's chairwoman Ruby Yang warned that the global AI chip and semiconductor supply chain is under threat due to a dispute over control of Nexperia. The Dutch court ruling split Nexperia's operations between the Netherlands and China, causing supply disruptions. Ruby accused the Dutch state of violating a bilateral investment treaty and claimed Dutch managers are exploiting the situation. The dispute has led to production issues for companies like Honda. Wingtech may seek international arbitration if unresolved in six months, with potential claims up to $8 billion.

Cryptopolitan·
SH
600745
+1.52%
US
SOXL
+4.60%
Cryptopolitan·
SH
600745
+1.52%
US
SOXL
+4.60%

China handed control of crucial chip factory after stand-off with Dutch

The Dutch government has returned control of microchip manufacturer Nexperia to its Chinese owner, Wingtech, after a standoff that affected European carmakers. The Netherlands had seized control due to governance concerns and fears of trade secret theft. The crisis led to a chip export halt by China, impacting Europe's car industry. Following negotiations and intervention by Donald Trump, China agreed to ease export bans. Dutch Economic Minister Vincent Karremans announced the suspension of the order under the Goods Availability Act, citing positive measures by China.

The telegraph·
SH
600745
+1.52%
The telegraph·
SH
600745
+1.52%
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