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    3. >Wingtech invites Nexperia custodians to talks on control of the company
    Headlines

    Wingtech Invites Nexperia Custodians to Talks on Control of the Company

    Published by Global Banking & Finance Review®

    Posted on December 10, 2025

    2 min read

    Last updated: January 20, 2026

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    Tags:corporate governancefinancial crisisInvestment managementbusiness services

    Quick Summary

    Wingtech invites Nexperia custodians for talks to resolve control issues, aiming to restore chip supply chain and ease global automaker concerns.

    Wingtech Initiates Talks with Nexperia Custodians on Control

    AMSTERDAM, Dec ‌10 (Reuters) - Wingtech, the Chinese parent company of Netherlands-based chipmaker Nexperia, said on Wednesday ‍it ‌has invited the court-appointed custodians of the Dutch firm for talks on control of ⁠the company, a possible first step toward ‌easing relations.

    Nexperia's European arm has been at odds with its Chinese parent and Chinese operating subsidiaries since the Dutch government intervened in September, followed by a court decision that removed Wingtech founder ⁠Zhang Xuezheng as Nexperia's CEO over worries he planned to move production to China.

    The dispute has caused shortages of ​chips and production problems for global automakers. While the ‌Chinese and Dutch governments eased restrictions on ⁠Nexperia, court fights and an internal battle are continuing.

    DISAGREEMENT ON WHAT TO TALK ABOUT

    A spokesperson for Nexperia BV said the company was aware of the invitation, which ​follows its own call for talks with its Chinese operations in late November, but it had seen "no indications of any willingness to engage in meaningful discussions on the restoration of the supply chain".

    While Nexperia wants to discuss restoring normal operations, Wingtech said ​on Wednesday ‍that ownership and control questions ​must come first.

    "(The) core prerequisite and fundamental basis for resolving Nexperia's current governance impasse is the restoration of Wingtech's lawful control," it said in a statement. 

    Arnold Croiset van Uchelen, the lawyer appointed as custodian of Nexperia's shares, confirmed he and court-appointed non-executive manager Guido Dierick had received a letter from Wingtech.

    "We have indeed received an invitation like that, ⁠and we'll respond shortly," he told Reuters. "We're available for a conversation, but about the who, what and where, we're not disclosing that ​in the media." 

    Nexperia's Chinese packaging arm has declared independence and is seeking to replace European chip wafers with others made in China. The European production arm has halted wafer shipments to China, citing nonpayment. Stockpiles of the company's ‌chips are dwindling and the car industry fears shortages may re-emerge in January.

    (Reporting by Toby Sterling, writing by Louise Breusch Rasmussen, editing by Benoit Van Overstraeten, Alexander Smith and Tomasz Janowski)

    Key Takeaways

    • •Wingtech invites Nexperia custodians for control talks.
    • •Dispute stems from Dutch government intervention.
    • •Chip shortages affect global automakers.
    • •Nexperia's European and Chinese arms are at odds.
    • •Restoration of Wingtech's control is a key issue.

    Frequently Asked Questions about Wingtech invites Nexperia custodians to talks on control of the company

    1What is corporate governance?

    Corporate governance refers to the systems, principles, and processes by which companies are directed and controlled, ensuring accountability and transparency in business operations.

    2What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops significantly, leading to a loss of confidence and potential economic downturn.

    3What is investment management?

    Investment management is the professional management of various securities and assets to meet specified investment goals for the benefit of investors.

    4What are business services?

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