Wingtech, Nexperia Lock Horns in Amsterdam Court Over Control Fight
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Wingtech Technology Co. Ltd. faced off with the Dutch management of its subsidiary Nexperia B.V. in an Amsterdam courtroom Wednesday, as the Chinese parent sought to regain shareholder control following a government-ordered freeze.
The high-stakes, seven-hour hearing at the Dutch Enterprise Court concluded without a ruling, with both legal teams trading pointed accusations over corporate governance lapses, alleged asset diversion and supply chain sabotage. The court is considering whether to return control of the chipmaker to Wingtech or launch a deeper investigation into the company’s operations, prolonging uncertainty over the ownership of one of Europe’s leading standard-device semiconductor manufacturers.
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- Wingtech Technology and Nexperia's Dutch management are in a legal battle over control following Dutch government-ordered asset freezes in response to U.S. export restrictions targeting Chinese firms.
- Allegations exchanged in court include corporate governance failures, asset diversion, and supply chain disruption, leaving Nexperia's global operations split and uncertain.
- Wingtech denies misconduct and labels the intervention as “state expropriation,” while emphasizing its investment and commitment to regaining control.
- Wingtech Technology Co. Ltd.
- Wingtech Technology Co. Ltd. is a Chinese semiconductor company and the parent company of Dutch firm Nexperia B.V. Wingtech is currently involved in a legal dispute with Nexperia's Dutch management regarding shareholder control. This conflict arose after a U.S. government freeze on Nexperia's assets due to its inclusion on the U.S. Entity List in late 2024.
- Nexperia B.V.
- Nexperia B.V. is a leading European standard-device semiconductor manufacturer, wholly owned by China's Wingtech Technology Co. Ltd. It is currently embroiled in a legal battle in the Dutch Enterprise Court. The conflict arose after the company was added to the U.S. Entity List and the Dutch government froze its assets, leading to a dispute over control between its Chinese parent company and Dutch management.
- Shanghai Dingtai Jiangxin Technology Co. Ltd.
- Shanghai Dingtai Jiangxin Technology Co. Ltd. (WSS) is a privately held firm owned by Zhang Xuezheng, the founder of Wingtech Technology Co. Ltd. Nexperia's Dutch management accused Wingtech of orchestrating asset transfers to benefit WSS, alleging that Zhang diverted funds and placed inflated orders with WSS. Wingtech, however, defended its partnership with WSS as a strategic move to secure wafer capacity that Nexperia lacked.
- Late 2024：
- Nexperia, wholly owned by Wingtech, was added to the U.S. Entity List.
- September 29, 2025：
- The U.S. Bureau of Industry and Security issued a rule extending export restrictions to majority-owned subsidiaries of blacklisted firms, affecting Nexperia.
- September 30, 2025：
- The Dutch Ministry of Economic Affairs ordered a freeze on Nexperia’s assets and personnel structure.
- October 1, 2025：
- Nexperia’s Dutch management filed an emergency petition with the Dutch Enterprise Court, which suspended Wingtech founder Zhang Xuezheng as CEO and transferred Wingtech’s Nexperia shares to a trustee.
- Mid-October 2025：
- Nexperia’s Chinese division stopped following Dutch directives and assumed direct control of domestic production.
- January 17, 2026：
- A hearing took place at the Dutch Enterprise Court in Amsterdam between Wingtech Technology and its subsidiary Nexperia’s Dutch management regarding shareholder control.
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