Wingtech seeks talks over future of Nexperia
By Abigail Townsend
Date: Wednesday 10 Dec 2025
(Sharecast News) - The Chinese owner of Nexperia has sought talks as it tries to resolve a bitter row about the future of the Dutch chipmaker, it was reported on Wednesday.
Wingtech acquired Nexperia in 2019 in a $3.6bn deal but relations between the Dutch firm and its Chinese parent have soured, and in October the Netherlands government took control of the business.
Although it does not own Nexperia, the move gave it the power to block or reverse decisions it believes to be harmful.
The Amsterdam court of appeal then removed Wingtech founder Zhang Xuezheng as Nexperia's chief executive, over concerns he planned to move production to China.
Court-appointed administrators are currently overseeing the business, and Wingtech has now written to them, asking for talks.
A spokesperson for Nexperia told Reuters that the company was aware of the invitation.
However, they added that Nexperia had so far seen "no indications of any willingness to engage in meaningful discussions on the restoration of the supply chain".
Wingtech is also insistent that questions about the ownership and control of the company must be settled ahead of restoring normal operations.
In a statement, the Chinese firm told Reuters: "[The] core prerequisite and fundamental basis for resolving Nexperia's current governance impasse is the restoration of Wingtech's lawful control."
The Hague last month suspended its intervention in Nexperia, as it sought to ease tensions with Beijing. But the company's voting rights remain under the court-appointed administrator.
Nexperia specialises in basic, low-margin chips that are used widely in cars, and the spat is causing disruption and delays across the global automotive supply chain.
Most of the chips' components are made in Europe. They are then shipped to China for assembly and re-exported.
However, tensions within the company are such that Nexperia's European operations stopped sending wafers to the Chinese subsidiary for assembly.
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