BUSINESS

Nexperia China Vows Stability as Dutch Freeze Sparks Global Supply Concerns

Published: Oct. 24, 2025 3:23 a.m. GMT+8

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Nexperia China’s factory in Dongguan, Guangdong province. Photo: Caixin/Fang Zuwang

Nexperia China reassured customers Thursday that operations remain stable despite supply chain risks following the Dutch government’s freeze on the overseas assets of its Chinese parent company.

In a public letter, the Chinese unit said production continues as normal and that it remains in full compliance with Chinese laws, technical standards, and quality controls. It pledged to safeguard supply chain continuity and to communicate proactively with clients should any changes arise.

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Nexperia China assured stable operations despite Dutch government asset freeze and supply chain concerns, pledging compliance and continuity.
Legal and operational disputes have escalated between Wingtech and Nexperia after regulatory actions by the Netherlands, US, and China impacted global operations.
The company, employing 12,500 and generating $2.06 billion annually, remains in talks with authorities to resolve restrictions and maintain customer confidence.

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Who’s Who

Wingtech Technology Co. Ltd.: Wingtech Technology Co. Ltd. is the Chinese parent company of Nexperia, which it acquired between 2018 and 2020. Wingtech's founder, Zhang Xuezheng, became Nexperia's CEO in March 2020. Wingtech was added to the U.S. Entity List in December 2024, leading to a Dutch government order freezing Nexperia's assets.

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What Happened When

Between 2018 and 2020：: Wingtech acquired 100% of Nexperia via a series of transactions.

March 2020：: Zhang Xuezheng became Nexperia’s CEO.

December 2024：: Wingtech was added to the U.S. Entity List.

September 29, 2025：: The U.S. Commerce Department extended the export controls to any company at least 50% owned by an Entity List firm.

September 30, 2025：: The Dutch Minister of Economic Affairs issued an order freezing Nexperia’s global assets, personnel, and intellectual property for one year. A Dutch court, supported by Nexperia’s local executives, suspended Zhang as CEO and placed Wingtech’s 99% stake in Nexperia under third-party custodianship.

October 4, 2025：: China’s Ministry of Commerce issued its own export control notice, prohibiting Nexperia’s China unit and its distributors from exporting certain components made domestically.

Early October 2025：: A hearing was held regarding Zhang's suspension and custodianship of Wingtech’s stake in Nexperia.

October 7, 2025：: The Dutch court upheld its decision to suspend Zhang and continue custodianship of the Chinese stake.

October 16, 2025：: Unconfirmed market rumors suggested Nexperia’s Dutch headquarters planned to stop paying China-based staff and revoke their access to internal systems.

October 18, 2025：: Nexperia China issued a statement clarifying employment and salary arrangements for domestic staff.

October 21, 2025：: China’s Commerce Minister Wang Wentao spoke by phone with Dutch Economic Affairs Minister Micky Adriaansens, urging resolution of the Nexperia dispute.

October 21, 2025：: Dutch Minister Adriaansens stated on social media X about ongoing communication and intent to seek a constructive resolution regarding Nexperia.