Dutch court orders investigation into Nexperia, upholds previous decisions including Chinese CEO suspension


A man rides a bike past the headquarters of the chipmaker Nexperia, as lawyers for the European management team of the chipmaker company and its Chinese owner Wingtech face off in an Amsterdam court as judges weigh whether to order a full investigation into allegations of mismanagement made by senior European executives at Nexperia, in Nijmegen, Netherlands, January 14, 2026. REUTERS/Piroschka van de Wouw

AMSTERDAM, Feb ⁠11 (Reuters) - A Dutch ⁠court on Wednesday ‌ordered an investigation into mismanagement at chipmaker Nexperia BV ​and upheld an ⁠October decision ⁠to suspend former CEO Zhang ⁠Xuezheng, ‌the founder of Nexperia's ⁠Chinese parent Wingtech, saying the ​company ‌needs stability.

The decision leaves ⁠control ​of the company in the hands ⁠of the European team ​that has overseen it since a Dutch state ⁠intervention at the company led to a conflict overthe firm ​that has ⁠disrupted automotive industry supply ​lines around ‌the world.

(Reporting by ​Toby Sterling, Editing by Louise Heavens)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reports
SpaceX delays next Starship test launch by a month, Musk says
Italian court rules Netflix price-hike clauses are void, orders refunds
Trump administration proposes expanding Chinese tech gear crackdown
Moscow shoppers and travellers hit by payment system problem
Streaming channel for pets launched in China
Samsung Elec likely to report stupendous surge in quarterly profit to record level
AI-generated 'Fruit Love Island' takes TikTok by storm
Kremlin's drive for a state-backed messaging app touches a nerve for some
Chromebook remorse: Tech backlash at schools extends beyond phones

Others Also Read