China’s Wingtech said on Thursday that its control over Netherlands-based Nexperia must be restored, a day after the Dutch government suspended its seizure of the chipmaker that has been at the centre of a global supply chain crisis, reports Reuters. Despite the suspension, which China’s commerce ministry welcomed on Wednesday, Beijing and now Wingtech have since called for the reversal of a Dutch court ruling last month that stripped Wingtech of its control over Nexperia as the next step to resolve the dispute.
Wingtech said the Dutch government had evaded addressing the court ruling.
“Wingtech Technology will never accept any attempt to ‘legalise’ illegal outcomes, nor will it accept a ‘new normal’ of Nexperia’s equity and governance created through illegal procedures,” it said in a long statement.