China’s Wingtech Dives 10% After Dutch Take Control of Chip Unit

business • 10/13/2025

Wingtech Technology Co. plunged its daily limit of 10% after the Dutch government moved to exert control over its European unit Nexperia, an unusual move that risks inflaming tensions between China and Europe.

Wingtech Technology Co. plunged its daily limit of 10% after the Dutch government moved to exert control over its European unit Nexperia, an unusual move that risks inflaming tensions between China and Europe. The Dutch government invoked the Goods A... [430 chars]