Lawyers for Nexperia and its Chinese owners have faced off in an Amsterdam courtroom over alleged corporate mismanagement. The case has sent shock waves through the global auto industry. The Dutch government effectively seized control of Nexperia in late September, citing national security concerns. This led to the replacement of its Chinese CEO Zhang Xuezheng. Lawyers for Zhang and Wingtech argued against an investigation, claiming they were blindsided by the Dutch move. Beijing temporarily blocked Nexperia chip exports in October, affecting global carmakers. Although the ban was lifted, tensions continue to impact the chip supply chain.
