Nexperia sues Wingtech and its founder, demanding compensation for damages

Flags flutter in front of the headquarters of the chipmaker Nexperia, as lawyers for the European management team of the chipmaker company and its Chinese owner Wingtech face off in an Amsterdam court as judges weigh whether to order a full investigation into allegations of mismanagement made by senior European executives at Nexperia, in Nijmegen, Netherlands, January 14 2026. REUTERS/Piroschka van de Wouw

Dutch chipmaker Nexperia on Tuesday said it had launched legal proceedings at a Dutch court against its Chinese owner Wingtech and the company's founder Zhang Xuezheng.

"The proceedings seek to hold the defendants accountable for actions that Nexperia believes have caused significant harm to the company and its business. Nexperia is seeking compensation for the resulting damages," the company said in a statement.