China's Wingtech to Gain Control of Dutch Chipmaker Nexperia for $3.6 Billion

China’s Wingtech to Gain Control of Dutch Chipmaker Nexperia for $3.6 Billion

China’s Wingtech Technology Co Ltd, the world’s largest smartphone contract manufacturer, is acquiring Dutch semiconductor firm Nexperia Holding by buying a majority stake from its Chinese owners for 25.2 billion yuan ($3.63 billion).

Read More…