China’s Wingtech Technology has called for its authority over Dutch chip producer Nexperia to be fully reinstated, reported Reuters.
The announcement follows a decision by the Dutch government, made a day earlier, to halt its seizure of the chipmaker.
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China’s commerce ministry had already welcomed the Dutch government’s decision.
However, both the Chinese government and Wingtech are now seeking the reversal of an earlier Dutch court ruling that removed Wingtech’s direct control of the business.
Wingtech stated that the Dutch government had not addressed the court’s move, which transferred Wingtech’s Nexperia shares to a Dutch lawyer under preliminary rulings issued on 1 and 7 October.
Wingtech said: “Wingtech Technology will never accept any attempt to ‘legalise’ illegal outcomes, nor will it accept a ‘new normal’ of Nexperia’s equity and governance created through illegal procedures.”
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By GlobalDataNexperia, a key supplier in the global semiconductor chain, has been the focus of attention amid ongoing concerns over component availability.
China recently relaxed export curbs it imposed in early October on chips manufactured by Nexperia in China.
However, China has indicated that matters like the Dutch court ruling must be settled for semiconductor trade flows to stabilise.
The Dutch government moved on 30 September to intervene at Nexperia, after which European-based executives at the company turned to the Amsterdam Enterprise Chamber.
They requested the removal of CEO Zhang Xuezheng, who has now been suspended, citing alleged mismanagement. Wingtech has denied those allegations.
Court filings show that Nexperia had been working on a restructuring plan for early 2025 aimed at avoiding inclusion on the US “entity list” of firms deemed security risks. Wingtech was added to that list in December 2024 and has remained there since.
Wingtech has accused the Dutch authorities of initiating and driving the legal steps that resulted in the loss of its voting rights at Nexperia, and has urged the government to withdraw its role and backing for the process.
The court told Reuters it must decide “within a reasonable period” whether to order a full inquiry into the mismanagement claims. No timetable for that decision has been announced.
