Wingtech says it will 'exhaust all legal means' to restore Nexperia control


Dirk-Jan Duynstee, member of the legal team representing Wingtech, sits to attend a hearing where lawyers for the European management team of chipmaker Nexperia and its Chinese owner Wingtech face off in an Amsterdam court as judges hear arguments on whether to order a formal investigation into allegations by European executives at Nexperia of mismanagement at the firm, in Amsterdam, Netherlands, January 14, 2026. REUTERS/Piroschka van de Wouw

BEIJING, Feb ⁠11 (Reuters) - Chipmaker Nexperia's ⁠Chinese owner Wingtech ‌on Wednesday said it would continue to "exhaust all legal ​means to restore ⁠the company's ⁠full control over Nexperia," ⁠according ‌to a filing to ⁠the Shanghai stock exchange.

A Dutch ​court ‌earlier on Wednesday ordered ⁠an ​investigation into mismanagement at Nexperia BV ⁠and upheld an October ​decision to suspend former CEO Zhang Xuezheng, ⁠the founder of Nexperia's Chinese parent Wingtech.

Wingtech's control over Nexperia "remains restricted," ​the ⁠company said in the ​filing.

(Reporting by ‌Xiuhao Chen and ​Ryan Woo. Editing by Jane Merriman)

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

Others Also Read