AMSTERDAM (Feb 11): A Dutch court on Wednesday ordered an investigation into mismanagement at chipmaker Nexperia BV and upheld an October decision to suspend former CEO Zhang Xuezheng, the founder of Nexperia's Chinese parent Wingtech, saying the company needs stability. "The situation at Nexperia primarily calls for stability so that Nexperia can restore its internal relationships, its production chain, and its delivery to customers. Geopolitical and legal fightsThe US, Dutch and Chinese governments all imposed and later retracted measures affecting Nexperia in 2025. After the initial Dutch intervention on Sept 30, the Enterprise Court issued preliminary rulings suspending Zhang and transferring control of Wingtech's shares to a Dutch lawyer. In October, relations broke down between the company's European arm, which produces wafers, and its Chinese arm, which packages and distributes them.

Source: The Edge Markets February 11, 2026 13:10 UTC