Chairwoman Urges Restoration of Wingtech's Control Over Nexperia to Safeguard Global Chip Supply
Global Supply Chain Threat: Ruby Yang, chairwoman of Wingtech, warned that the ongoing legal dispute over Nexperia is threatening the global AI chip and semiconductor supply chain, with potential production breakdowns and diminished international investment trust.
Operational Split: A Dutch court ruling has led to a split in Nexperia's operations, with the Dutch entity halting wafer supplies to China, resulting in two disconnected versions of the company that cannot function independently.
Legal Actions and Claims: Wingtech has initiated a notice of dispute and may pursue international arbitration worth up to $8 billion if the situation remains unresolved, while also accusing Dutch managers of misconduct and self-serving actions during the crisis.
Call for Collaboration: Despite the tensions, Nexperia expressed a desire for constructive collaboration between the parties, while Ruby Yang remains skeptical and believes Nexperia is attempting to decouple from China by expanding operations elsewhere.
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