Wingtech sues Dutch unit Nexperia for US$1.17b as battle for control escalates

In an investor statement on Friday, the Shenzhen-based company said it has sued in a Guangdong court, demanding the restoration of full control over Nexperia and 8 billion yuan (US$1.17 billion) in compensation.

In September 2025 the Dutch government issued an order to take control of Nexperia away from Wingtech. While the order was later suspended, Wingtech’s control over Nexperia remained “restricted” as a parallel Dutch court ruling remained in force, according to the statement.

The measures, carried out by Nexperia and its executives, constitute “discriminatory restrictive measures” under China’s Anti-Foreign Sanctions Law, Wingtech argued.

In response to the lawsuit, Nexperia said on Friday it had “repeatedly and explicitly invited the leadership of Wingtech to engage in an open dialogue to come to a solution which benefits all parties”, adding that the new litigation did not “demonstrate a constructive attitude despite all our … previous efforts”.