Nexperia’s Chinese owner vows to use ‘all legal means’ to take back control of chipmaker
The case in Dutch courts could turn into a ‘marathon’ that takes up to three and a half years to fully resolve, legal experts say
“The control of Nexperia has not yet returned to its legitimate owner,” Wingtech said in the Chinese-language statement. “The restrictions and infringements upon the lawful rights and interests of Chinese shareholders and personnel continue to persist.”
Wingtech said the Dutch government’s revocation of an executive order was only the first step towards a solution, and the Dutch Ministry of Economic Affairs had to do more to return the situation to the status before the Dutch authority took action.
The statement came as Nexperia’s Dutch headquarters in Nijmegen and its China operations have been in an open spat, threatening the stability of chip supplies to global carmakers.
Lawyers and legal experts said they expected a prolonged legal fight, as Wingtech was trying to challenge the decision made by the Dutch Enterprise Chamber, a court.
Behind the Nexperia crisis and China-Netherlands tech tensions | China Future Tech webinar