Nexperia B.V. has issued an update regarding recent developments impacting its global supply chain and corporate governance structure.

The Dutch Minister of Economic Affairs has decided to temporarily suspend enforcement of an earlier order under the Goods Availability Act, citing recent positive developments. Nexperia welcomed the constructive dialogue between Dutch and Chinese authorities, viewing it as a step toward restoring stability across its supply chain. However, the company noted that full recovery will depend on continued cooperation from its operations in China.

The ruling by the Dutch Enterprise Chamber on October 7, 2025, remains in effect:

  • Zhang Xuezheng remains suspended and does not act as CEO of Nexperia.
  • Voting rights in Nexperia’s shares, indirectly held by Wingtech Technology Co. Ltd., remain under the control of a court-appointed independent administrator.

Stefan Tilger continues as interim CEO, with Achim Kempe as COO. Ruben Lichtenberg and Guido Dierick serve as statutory and non-executive directors, respectively.

Operationally, Nexperia confirmed that wafer shipments have not been halted. The company continues to deliver wafers and offer alternative supply routes to mitigate disruptions. These efforts are supported by dedicated teams ensuring business continuity. Other Nexperia sites across Europe and Asia remain fully operational, with phased capacity expansions planned throughout 2026.

However, the company highlighted significant challenges from its entities in China, including:

  • Refusal to remit payments for wafer shipments
  • Unauthorized use of company seals and creation of unapproved bank accounts
  • Distribution of inaccurate communications to customers and partners

Despite these disruptions, Nexperia maintained direct shipments during October 2025, even under Chinese export restrictions. The company estimates that sufficient inventory exists within its Chinese operations to continue production for several months, and any reported shortfalls are attributed to questionable local stock management.

Nexperia reaffirmed its commitment to transparency, operational continuity, and support for its customers, partners, and stakeholders worldwide. The company will continue to issue updates as developments unfold.

Original – Nexperia