G-SJ6LL5CZ4Z

Hire people for your business

Discover your next career move, freelance gig, or internship

Nexperia’s Chinese owner Wingtech says Dutch 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 constructive solution with goodwill” to restore Wingtech’s legitimate control over the chipmaker and fully reinstate the Chinese company’s shareholder rights.

Nexperia did not immediately respond to a request for comment on Monday.

The statement came two days after Wingtech said it would use all possible legal means to regain control of Nexperia and pressure the Dutch government to take further action.
These developments signal that Wingtech is asserting its demands following the Dutch government’s decision to pause its intervention in Nexperia, although a ruling by the Dutch Enterprise Chamber on October 7 – which stripped Wingtech of shareholder control and ousted Nexperia CEO Zhang Xuezheng – remains in effect.



Source link