Overview
- The Dutch government suspended its September 30 Goods Availability Act intervention following talks with China, yet it did not rescind the order.
- Legal filings show Wingtech first appealed on October 21 and expanded its challenge on November 10, calling the move an unprecedented and disproportionate deprivation of property.
- China’s commerce ministry and Wingtech are pressing the Netherlands to withdraw from a separate mismanagement case involving Nexperia.
- Dutch court actions remain in force, with CEO Zhang Xuezheng suspended and later removed, CFO Stefan Tilger installed as interim chief, and Wingtech’s voting rights placed with an independent administrator.
- Nexperia’s interim leadership halted wafer shipments to its Dongguan plant on October 26, contributing to shortages of legacy chips used by major carmakers.