Wingtech Challenges Dutch Court Ruling in Nexperia Control Battle
Wingtech has filed an appeal against a Dutch court decision that stripped it of control over Nexperia, a critical semiconductor manufacturer. The Amsterdam Enterprise Court's ruling transferred nearly all of Wingtech's shares to a court-appointed trustee and ousted founder Zhang Xuezheng as CEO. The company alleges procedural violations, claiming it was denied a fair opportunity to present its case.
The dispute intersects with broader geopolitical tensions. Wingtech links the court's actions to the Dutch government's earlier—but now frozen—bid to assert special control powers over Nexperia. While the economic affairs ministry denies influencing judicial proceedings, the case highlights growing scrutiny over foreign ownership in strategic tech sectors.
