Nexperia B.V. has issued an update addressing its global operations and governance structure, as well as recent geopolitical developments affecting its supply chain. The company reaffirmed its commitment to operational transparency, continuity, and support for customers, suppliers, employees, and stakeholders worldwide.
Supply Chain Developments
Nexperia welcomed recent progress in China, where authorities have begun facilitating exports from its Chinese facility and subcontractors. While this marks a positive step, the company clarified that these measures represent temporary exemptions rather than a full reversal of export restrictions.
The company emphasized that despite recent disruptions, wafer shipments have not been halted altogether. Direct wafer deliveries to customers are ongoing, and Nexperia is actively working on alternate supply chain solutions to minimize disruptions. All sites outside China, including those in Europe and other parts of Asia, continue normal operations. Capacity expansion efforts at these sites are underway and expected to roll out in phases through 2026.
Governance and Legal Clarifications
In response to speculation surrounding recent legal developments, Nexperia confirmed that it continues to comply fully with the Dutch Government Order. The company has not received any official notice regarding changes to this order.
Regarding leadership changes, Nexperia reaffirmed that Zhang Xuezheng (Wing) remains suspended from his CEO duties, as ruled by the Enterprise Chamber of the Amsterdam Court of Appeal on October 7, 2025. Additionally, voting rights on Nexperia’s shares, indirectly held by Wingtech Technology Co. Ltd., are now under the authority of an independent court-appointed administrator. The company noted that the Enterprise Chamber ruling and the Dutch Government Order are separate legal matters.
Concerns in China Operations
Nexperia also disclosed serious governance challenges within its Chinese subsidiaries. The company stated that its entities in China are no longer operating in accordance with the global corporate governance framework and have disregarded lawful instructions from headquarters. Alleged misconduct includes:
- Refusal to process payments for wafers
- Misuse of corporate seals
- Creation of unauthorized bank accounts
- Distribution of unauthorized communications to customers and partners
Despite these challenges, Nexperia has maintained wafer deliveries throughout October 2025, even under Chinese export restrictions. Based on shipment volumes, standard inventory practices, and the export limitations in place, the company estimates that sufficient inventory should still be available within its China-based entities to support continued operations.
Nexperia concluded by emphasizing that any disruptions in shipments from China are a result of local mismanagement and are not attributable to actions taken by the company’s global leadership.
Original – Nexperia