Nexperia accused by parent Wingtech and Chinese unit of plotting to move supply chain

BEIJING/AMSTERDAM: Wingtech , the Chinese parent company of Netherlands-based Nexperia, accused its Dutch unit on Friday of conspiring to build a non-Chinese supply chain and permanently strip it of its control, escalating tensions between the two sides.

In a separate statement, Nexperia’s Chinese arm demanded the Dutch business halt overseas expansion, including in Malaysia. “Abandon improper intentions to replace Chinese capacity,” Nexperia China said.