Nexperia CEO Says China Reunification Remains Possible

Nexperia interim CEO Stefan Tilger said the Dutch chipmaker could reunite with its Chinese operations, provided Dutch and European authorities conclude that doing so would not threaten Europe’s economy or industry. The company has remained divided for more than a year after Dutch intervention and a court ruling stripped Chinese parent Wingtech of control over operations outside China; Nexperia and Wingtech are now involved in litigation. Tilger said Wingtech should receive fair compensation if the split becomes permanent, while negotiations toward a long-term arrangement are for Wingtech’s board and Dutch court-appointed officials to advance. Wingtech recently rejected a proposal that would give it control of Nexperia’s China business while outside investors took control of the international business. The dispute has raised concerns about supply chains and previously threatened automotive production; Nexperia has expanded operations in Malaysia as an alternative to Chinese production.