Finance
Wingtech appeals Dutch decision over Nexperia ownership, documents show
Published by Global Banking & Finance Review®
Posted on November 22, 2025
2 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 22, 2025
2 min readLast updated: January 20, 2026
Wingtech appeals Dutch decision on Nexperia ownership, citing legal concerns. The Dutch government intervened to prevent asset relocation amid chip shortages.
AMSTERDAM (Reuters) -Chinese semiconductor company Wingtech has appealed to the Dutch government to rescind its decision to take control of its Netherlands-based computer chip subsidiary Nexperia, documents seen by Reuters show.
Wingtech first challenged the decision on October 21 and broadened its complaints on November 10, the documents showed.
In the appeal, lawyers for Wingtech urged the Ministry of Economic Affairs to revoke the order, which they said was an unprecedented and disproportionate "deprivation of property" that lacked a legal basis.
The Dutch government suspended its intervention at Nexperia on Wednesday, after what it said were constructive talks with China over a dispute which has led to shortages of chips needed by car manufacturers.
But it did not revoke the September 30 decision, a move it said had been necessary to prevent the company's former CEO from moving European operations to China from its current base in the Netherlands.
China's commerce ministry said the Dutch move fell short of fully ending its intervention as it had demanded.
Wingtech and Beijing have also called on the Dutch government to withdraw from a separate court case alleging mismanagement at Nexperia.
Other documents seen by Reuters show that Dutch Economy Minister Vincent Karremans shortly after his intervention had urged the court to act swiftly to prevent Nexperia assets being moved to China.
In a letter to the court, lawyers for the state said there was a considerable risk Wingtech would not adhere to the government's intervention.
The court in October ordered the removal of ex-Nexperia CEO and Wingtech founder Zhang Xuezheng for mismanagement.
(Reporting by Toby Sterling and Bart Meijer; Editing by Emelia Sithole-Matarise)
Corporate governance refers to the systems and processes that direct and control a company, ensuring accountability and transparency.
A subsidiary is a company that is controlled by another company, known as the parent company, often through majority ownership.
A legal basis refers to the foundation of law that supports a legal action or decision, providing the authority for it.
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