China's Wingtech plans to acquire Dutch semiconductor firm Nexperia for $3.6b

China's Wingtech plans to acquire Dutch semiconductor firm Nexperia for $3.6b

Xiaomi's smartphone Mi 4i are displayed in Taipei, Taiwan, May 7, 2015. REUTERS/Pichi Chuang/Files

China’s Wingtech Technology Co Ltd, the world’s largest smartphone contract manufacturer, plans to acquire control of Dutch semiconductor firm Nexperia Holding for 25.2 billion yuan ($3.63 billion), it said late on Wednesday.

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