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Wingtech Technology, owner of Nexperia, vows to use all legal means to regain control of the chipmaker after the Dutch Enterprise Chamber's ruling deprived it of shareholder control. The Dutch government suspended its intervention, but Wingtech claims its rights are still infringed. Legal experts foresee a prolonged legal battle, potentially lasting over two years, as Wingtech challenges the decision and seeks to restore governance rights.
Wingtech Says It Should Regain Control of Nexperia
China's Wingtech demands restoration of its control over Nexperia after Dutch government suspended its seizure. Wingtech and Beijing call for reversal of Dutch court ruling that stripped Wingtech of control over Nexperia. Wingtech rejects any attempt to legalize the ruling or accept new governance norms created through illegal procedures.
