China's Wingtech to up stake in Dutch semiconductor firm Nexperia for $894m

China's Wingtech to up stake in Dutch semiconductor firm Nexperia for $894m

Nexperia. Source: Company website

China’s Wingtech Technology, the world’s largest original design manufacturer (ODM) for smartphones, is purchasing more shares in Nexperia Holding for over 6.33 billion yuan ($893 million), further cementing its control of the Dutch semiconductor business.

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