Zhang Xuezheng, the enigmatic billionaire entrepreneur behind China’s technology behemoth Wingtech, finds himself at the heart of an international row poised to disrupt Europe’s automotive sector. At age 50, Zhang—often
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A major row has erupted in the European semiconductor sector following allegations that a Chinese-owned technology conglomerate, Wingtech, misappropriated trade secrets from Britain as part of an intended offshoring of
Ministers are under renewed pressure to force the sale of Nexperia’s microchip facility in Stockport, following robust warnings from senior political figures regarding the potential national security risks associated with
The modern motorcar depends on a complex network of thousands of electronic components, but the current disruption to just one key element—a microchip—threatens to stall production lines across Europe. Volkswagen,
The Dutch government has seized control of leading semiconductor manufacturer Nexperia from its Chinese parent company, sparking a heated stand-off between The Hague and Beijing over national security and operational
The Dutch government has taken the highly unusual step of seizing control of a Chineseowned microchip manufacturer, Nexperia, to protect European semiconductor supplies. On Sunday, officials invoked emergency powers under
