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Nexperia sues Wingtech and its founder, demanding compensation for damages

Nexperia sues Wingtech and its founder, demanding compensation for damages
Channel News Asia Tuesday 03 November 2026, 13:22 UTC 1 min read
Key Points

Nexperia sues Wingtech and its founder, demanding compensation for damages Nov 3 : 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.

Nexperia sues Wingtech and its founder, demanding compensation for damages Nov 3 : 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. Source: Reuters [Image text:] nexperia KADANS nexperia
Nexperia (ORG) Wingtech (ORG) Dutch (ORG) Chinese (ORG) Zhang Xuezheng (PERSON)
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