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Wingtech demands return of Nexperia control after Dutch freeze pause

Wingtech Technology Co. Ltd. has accused the Dutch government of playing an active role in legal actions that stripped the Chinese company of control over Netherlands-headquartered chipmaker Nexperia. It is also demanding that Dutch authorities reinstate its full shareholder rights. In a Thursday statement, Wingtech asserted that the Dutch government’s suspension of an administrative freeze on Nexperia’s assets was not enough, as it failed to reverse a prior court ruling that transferred control of its stake to a court-appointed trustee. The company said this judicial action was coordinated with government measures, calling it a “systematic and illegal deprivation” of its shareholder rights.

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