Story perspectives

Dutch Court Ousts CEO Amid National Security Concerns

11/21/2025

36 3

Summary

Story summary

The Dutch government invoked the Act over actions by Zhang Xuezheng, the suspended CEO, including transfers to a foreign entity.
A Dutch court removed Zhang Xuezheng for alleged mismanagement.
The US government listed Wingtech, owner of Nexperia, as a national security concern and restricted exports.
Wingtech criticized the Dutch ruling, saying it complicates semiconductor supply and threatens Nexperia's continuity.
In the UK, Nexperia sold its Newport plant over similar concerns.

1 of 1

Story summary

The Dutch government invoked the Act over actions by Zhang Xuezheng, the suspended CEO, including transfers to a foreign entity.
A Dutch court removed Zhang Xuezheng for alleged mismanagement.
The US government listed Wingtech, owner of Nexperia, as a national security concern and restricted exports.
Wingtech criticized the Dutch ruling, saying it complicates semiconductor supply and threatens Nexperia's continuity.
In the UK, Nexperia sold its Newport plant over similar concerns.