Nexperia Ordered Investigation Amid Wingtech Conflict of Interest (NXGP)

A Dutch court has ordered a formal investigation into Nexperia (NXGP) following an appeal and citing conflicts of interest and alleged strategic changes under external pressure. The probe, which could last over six months, will assess whether mismanagement has occurred and whether definitive measures are needed. The saga intensified after the Dutch government suspended Nexperia’s control in November amid national security concerns, following a Chinese export ban on its chips in October that disrupted auto production. Mercedes-Benz and Honda were among manufacturers affected by supply chain uncertainty. The court upheld an October suspension of Nexperia’s Chinese CEO, Zhang Xuezheng, and found “a conflict of interest has been handled without due care.” It noted disagreements with the Dutch Ministry of Economic Affairs, restrictions on European managers, and an announced dismissal, with allegations of strategy changes made without internal consultation and under the threat of sanctions. Nexperia has not yet responded to a request for comment.