Overview
- Judges at the Enterprise Chamber reconvened Wednesday to decide on a formal mismanagement investigation and whether to keep CEO Zhang Xuezheng suspended after an October order.
- Economy Minister Vincent Karremans asserts in a court filing that Nexperia China requested Chinese export restrictions on the company’s chips, contributing to a global shortage.
- The filing says Wingtech removed Nexperia’s company seals to China, blocking waiver applications, and a lawyer sent to retrieve the seals was detained en route.
- Nexperia remains effectively split between a China-based arm and the Nijmegen-led operations, with strained communications and ongoing supply-chain disruptions.
- Wingtech opposed easing the case’s secrecy before later publicizing the government and court actions, while Zhang has been unreachable to Dutch screening authorities, citing illness.