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Nexperia sues Wingtech and its founder, demanding compensation for damages

FILE PHOTO: Flags flutter in front of the headquarters of the chipmaker Nexperia in Nijmegen, Netherlands, January 14 2026. REUTERS/Piroschka van de Wouw/File Photo

Nov 3 : Dutch chipmaker Nexperia on Tuesday said it had launched legal proceedings at a Dutch court against its Chinese owner Wingtech and the company's founder Zhang Xuezheng.

"The proceedings seek to hold the defendants accountable for actions that Nexperia believes have caused significant harm to the company and its business. Nexperia is seeking compensation for the resulting damages," the company said in a statement.

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Nexperia sues Wingtech and its founder, demanding compensation for damages

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Disney plans several thousand layoffs, asks some managers to cut costs by up to 20%

Binance hackers used fake job interview to compromise computer before $6.3 billion attack

Binance says hackers used fake job interview to compromise computer before $6.3 billion attack

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