The corporate struggle for control of Nexperia has intensified, with the Dutch entity and its Chinese operations issuing conflicting statements. The Dutch-appointed management denied rumors of the former Chinese CEO's reinstatement, stating his powers were suspended by a Dutch enterprise court. It also confirmed that voting rights for Wingtech's shares have been transferred to an independent administrator.
The conflict has severely impacted operations. The Dutch entity has halted wafer supplies to the key Dongguan packaging plant, citing non-payment and unauthorized activities by the Chinese subsidiary. In response, Nexperia China accused the Dutch side of owing it 1 billion yuan and claimed it has sufficient inventory to fulfill customer orders through year-end.
As a leading automotive power chip supplier, the disruption is causing immediate market effects. Chip prices have surged nearly 20% as European carmakers, fearing shortages, engage in panic buying. The dispute originated from the Dutch government's intervention in September, citing national security, which prompted Chinese export controls.
ICgoodFind : The Nexperia dispute is causing tangible supply chain disruption and price volatility for auto chips, highlighting the growing impact of geopolitical tensions on the industry.
