After the escalation of tension, andThe Dutch government suspended the order to control Nexperia and Nexperia China resumed shipments of critical chips. The European automotive industry could breathe and everything was being resolved, everything except the relationship between the two Nexperias. The conflict has left an internal war that does not seem to have an easy or quick solution.
what’s happening. They count in South China Morning Post that Wingtech, the company that owns Nexperia in China (we will call it Nexperia China for simplicity), has been trying to contact Nexperia Netherlands for days and has not received any response. Nexperia China called this silence “deeply regrettable and disconcerting.”
Take control. Nexperia China’s intentions are not simply to have a chat. a few days ago They published a statement in their WeChat account in which they assured that “control of Nexperia has not returned to its rightful owner” and expressed their intention to use “all legal avenues” to achieve this. It seems that in Holland they do not agree with these statements and have chosen silence in response.
Nexperia Netherlands. His latest official statement It is from November 19, the same day that the Dutch government announced the suspension of the control order over the company. In it, they noted that Nexperia China had stopped “operating within the established corporate governance framework and are ignoring legal instructions from Nexperia’s global management” and provided several examples, such as creating unauthorized bank accounts for clients to make payments, sending letters to clients “with false information” and misappropriating corporate seals.
Current status. The conflict put the European automotive industry in checkwhich depends on Nexperia chips for electronic modules and control units of many vehicles produced on the old continent. The Dutch government revoked the order and China lifted the veto it imposed in response. Chips are flowing into factoriesbut the conflict has left a deep scar on the company whose solution seems far away.
Recently Nexperia China has appointed Sophie Shen Xinjia as president expert in legal advice and law graduate, so everything indicates that there will be a legal battle for control of the company.
Image | Nexperia

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