Nexperia has launched a formal lawsuit in a Dutch court targeting both its parent company, Wingtech, and founder Zhang Xuezheng. The chipmaker announced the legal proceedings on Tuesday following alleged conduct that caused substantial disruption to its enterprise. Through this litigation, the company is actively demanding financial compensation to cover the resulting damages to its business.
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.
Source: Reuters
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