7 d. ago Tensions flare as Wingtech slams chipmaker Nexperia’s head office over deception

A fierce war of words has erupted between Dutch chipmaker Nexperia and its Chinese owner, Wingtech Technology, after China and the European Union signalled that their dispute should be resolved at the corporate level. Wingtech accused Nexperia’s head office of being insincere after the Dutch head office publicly released a letter that said the chipmaker’s Chinese unit had been unresponsive to requests for talks. The heightened tensions underscore the complexity in resolving the two sides’...

Events

8 d. ago China, EU shift Nexperia strategy: let the companies work it out

Both China and the European Union have signalled that a dispute over semiconductor maker Nexperia should be resolved at the corporate level, according to China’s Ministry of Commerce, as affected countries continue to seek a solution to supply-chain disruptions. The push for a corporate resolution came after two separate video conferences that Chinese Commerce Minister Wang Wentao had on Wednesday – with German Economy Minister Katherina Reiche and European Commissioner for Trade Maros...

Politics

1 week ago Wingtech says Nexperia’s headquarters remains silent on call for talks

Wingtech Technology, the Chinese owner of Nexperia, said it had received no meaningful reply after reaching out to the Dutch chipmaker’s headquarters for talks. “It is deeply regrettable and puzzling that, despite our utmost sincerity, the Dutch side of Nexperia has not made any substantive response to our proposal for communication,” Wingtech said on Sunday. The Shanghai-listed company did not disclose the details of its outreach efforts, but urged Nexperia’s headquarters to present “a...

Politics

2 w. ago Nexperia’s Chinese owner pledges to use ‘all legal means’ in fight for control

Wingtech Technology, the Chinese owner of Dutch chipmaker Nexperia, said it will use all possible legal means to take back control of the company, putting pressure on the Dutch government to do more to restore the rights of the Chinese shareholder. In a statement published a day after the Dutch government’s decision to suspend its intervention in Nexperia, Shanghai-listed Wingtech said the ruling made by the Dutch Enterprise Chamber on October 7, which deprived Wingtech of shareholder control...

Politics

2 w. ago China Future Tech webinar: assessing the impact of the Nexperia saga

While the Dutch government has offered goodwill in the dispute over control of Nexperia, a Chinese-owned, Netherlands-based chipmaker, the crisis is far from over. China’s Ministry of Commerce on Wednesday welcomed the Dutch government’s revocation of an executive order taking control of the firm. But it also noted that a Dutch court ruling remained a “key obstacle” to resolving the matter. Wingtech Technology, the Chinese owner of Nexperia, said it had yet to resume control of the chipmaker. In...

Politics

2 w. ago Netherlands Hands Back Control of Chip Maker Nexperia to Chinese Owner

Netherlands Hands Back Control of Chip Maker Nexperia to Chinese Owner  The Wall Street Journal

Politics

2 w. ago Dutch Government Returns Control of Nexperia to Chinese Owner

Dutch Government Returns Control of Nexperia to Chinese Owner  Yahoo Finance

Politics