Wingtech asks Nexperia custodians to China for control talks

AMSTERDAM: Wingtech, the Chinese parent company of Netherlands-based chipmaker Nexperia, has invited the court-appointed custodians of its Dutch unit to Beijing for talks on control of the company, a source familiar with the dispute told Reuters.

It was not clear whether the move could be a first step towards easing relations between Nexperia’s European arm and its Chinese parent and Chinese operating subsidiaries, which have been at odds since the Dutch government intervened in September.