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Wingtech Reports 8.7 Billion Yuan Loss as Nexperia Rift Triggers Audit Warning

The audit standoff over access to Nexperia’s books raises doubts about the reliability of Wingtech’s accounts.

Vehicles pass by the headquarters of the chipmaker Nexperia, as lawyers for the European management team of the chipmaker company and its Chinese owner Wingtech face off in an Amsterdam court as judges weigh whether to order a full investigation into allegations of mismanagement made by senior European executives at Nexperia, in Nijmegen, Netherlands, January 14, 2026. REUTERS/Piroschka van de Wouw/ File Photo
The logo of Dutch semiconductor company Nexperia is pictured, in Hamburg, Germany, June 27, 2024. REUTERS/Fabian Bimmer
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Overview

  • Wingtech said its 2025 net loss reached 8.7 billion yuan, driven by an 8.95 billion yuan write-down after it revalued Nexperia to 24.38 billion yuan following a loss of control.
  • Auditor RSM issued a disclaimer of opinion, saying it could not access Nexperia’s financial data, which makes up about 57% of Wingtech’s assets.
  • Nexperia said it has supported Wingtech’s auditors and does not intend to harm Wingtech shareholders, adding that Wingtech has not agreed to talks on a resolution.
  • Wingtech reported restricted control over Nexperia’s overseas entities and said wafer supplies to Nexperia China were suspended, disrupting factory output, so it is pursuing legal remedies and building a domestic supply chain.
  • Nexperia China completed small-scale trial runs of 12-inch automotive-grade wafers and expects production capacity to roll out in the second half of 2026.