Nexperia could still reunite with its Chinese operations, interim CEO Stefan Tilger told Reuters at Electronica in Munich. He believes Dutch and European authorities could accept reunification, provided it poses no risk to Europe’s economy and industry. If the company’s split were to become permanent, however, Chinese owner Wingtech should receive fair compensation, he said.
Following an order from a Dutch court, Wingtech currently can’t exercise control over Nexperia’s operations outside China. The firm has filed a lawsuit in China to restore control, while Nexperia has countersued for damages. Behind closed doors, negotiations are apparently taking place, as the Reuters report states that Wingtech last week rejected a proposal under which it would control Nexperia’s Chinese operations while outside investors would take a controlling stake in the international business.
