Nexperia sues owner Wingtech and founder

Dutch chipmaker Nexperia has launched legal proceedings against its Chinese owner Wingtech and founder Zhang Xuezheng. The company is seeking financial compensation for damages caused by the defendants' recent actions.

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FILE PHOTO: Flags flutter in front of the headquarters of the chipmaker Nexperia in Nijmegen, Netherlands, January 14 2026. REUTERS/Piroschka van de Wouw/File Photo

Nexperia filed a lawsuit in a Netherlands court against owner Wingtech and founder Zhang Xuezheng, demanding financial compensation for damages. The legal action targets actions that the chipmaker claims severely damaged its business operations. It marks an escalation in corporate tensions involving the China-based parent company.