Wingtech sues Dutch unit Nexperia for US$1.17b as battle for control escalates
China’s Wingtech Technology has filed a lawsuit against Dutch chipmaker Nexperia and three of its executives under China’s anti-foreign sanctions law, as the Chinese company remains embroiled in a power struggle for control of its Dutch subsidiary. In an investor statement on Friday, the Shenzhen-based company said it has sued in a Guangdong court, demanding the restoration of full control over Nexperia and 8 billion yuan (US$1.17 billion) in compensation. In September 2025 t
Chinese firm Wingtech Technology has initiated legal action against its Dutch subsidiary, Nexperia, and three executives. The lawsuit, filed in a Guangdong court, seeks to regain full control of Nexperia and demands compensation totaling approximately $1.17 billion. Wingtech alleges the action is in response to China's anti-foreign sanctions law, as the dispute over the subsidiary's control intensifies.
This legal battle highlights a significant power struggle for control of a key semiconductor entity, with potential implications for international business relations and the global chip industry.
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