Wingtech Demands Return of Nexperia Control After Dutch Freeze Pause
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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-based semiconductor maker 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.
The Dutch government, however, denies any such role. On Wednesday, Economic Affairs Minister Vincent Karremans insisted that the administrative action taken under the Goods Availability Act was separate from the Dutch Enterprise Court’s decision to suspend Nexperia CEO Zhang Xuezheng and transfer Wingtech’s stake.
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- Wingtech Technology accuses the Dutch government of illegally stripping its control over Nexperia, demanding reinstatement of full shareholder rights.
- The Dutch government denies involvement in the court’s decision, claiming administrative and judicial actions were separate and compliant with Dutch law.
- The dispute followed tightened US export rules and Dutch asset freezes; after the US suspended the “50% rule,” the legal basis for Dutch actions has weakened.
- Wingtech Technology Co. Ltd.
- Wingtech Technology Co. Ltd. is a Chinese company that fully acquired Netherlands-based semiconductor maker Nexperia between 2018 and 2020. Wingtech accuses the Dutch government of illegally stripping its control over Nexperia and transferring its stake to a trustee, a claim the Dutch government denies. This situation arose after Wingtech's inclusion on the U.S. "Entity List" and subsequent U.S. export restrictions affecting Nexperia.
- Nexperia
- Nexperia is a Netherlands-based semiconductor maker, originally NXP Semiconductors NV's standard products division. Wingtech Technology Co. Ltd. acquired full ownership between 2018-2020. Its CEO is Zhang Xuezheng. Nexperia supplies components to Bosch, Huawei, Apple, and Samsung. The Dutch government froze Nexperia's assets and suspended its CEO following Wingtech's inclusion on the U.S. "Entity List."
- NXP Semiconductors NV
- NXP Semiconductors NV is the former parent company of Nexperia, which was its standard products division. Nexperia, now owned by Wingtech Technology Co. Ltd., supplies essential components to major tech companies like Bosch, Huawei, Apple, and Samsung.
- Bosch
- Bosch is a client of Nexperia, a Dutch semiconductor maker. Nexperia supplies key components to Bosch, along with other major technology companies like Huawei, Apple, and Samsung.
- Huawei
- The article mentions Huawei as a client of Nexperia, alongside other major companies like Bosch, Apple, and Samsung. Nexperia, a Dutch semiconductor maker, supplies key components to these clients. The focus of the article is not on Huawei, but on the dispute involving its supplier, Nexperia, Wingtech, and the Dutch government.
- Apple
- Apple is mentioned as a client of Nexperia, a semiconductor maker headquartered in the Netherlands. Nexperia supplies key components to various companies, including Apple, Bosch, Huawei, and Samsung.
- Samsung
- Samsung is one of the clients that Nexperia supplies with key components. Nexperia, a semiconductor maker, was formerly the standard products division of NXP Semiconductors NV before Wingtech Technology Co. Ltd. acquired full ownership between 2018 and 2020.
- Between 2018 and 2020：
- Wingtech acquired full ownership of Nexperia through a series of transactions.
- March 2020：
- Zhang Xuezheng became CEO of Nexperia.
- Late 2024：
- Wingtech was included on the U.S. Entity List.
- September 29, 2025：
- The U.S. government issued a rule extending export restrictions to any company 50% or more owned by an entity on the U.S. 'Entity List'; this affected Nexperia due to Wingtech’s status.
- September 30, 2025：
- The Dutch government froze Nexperia’s assets.
- October 1, 2025：
- The Dutch Ministry of Economic Affairs submitted a letter to the court and the Dutch Enterprise Court suspended Zhang Xuezheng as CEO of Nexperia, transferring Wingtech’s stake to a court-appointed trustee.
- October 6, 2025：
- The Dutch Ministry of Economic Affairs submitted a formal legal opinion to the court urging 'rapid intervention.'
- October 30, 2025：
- The United States agreed to suspend the '50% rule' for one year after bilateral talks with Beijing.
- November 19, 2025：
- Dutch Economic Affairs Minister Vincent Karremans denied government involvement in the judicial ruling regarding Nexperia.
- November 20, 2025：
- Wingtech issued a public statement accusing the Dutch government of coordinated legal actions and demanding reinstatement of its shareholder rights.
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