Court-appointed administrators to sound out investors for Nexperia stake amid Wingtech feud

The two court-appointed administrators overseeing Nexperia said on Thursday they would sound out investors on a majority or minority stake in the Dutch chipmaker, a week after its Chinese owner Wingtech rejected their proposal to hand control of its operations outside China to foreign investors.

“We have decided to assess market interest in possible long-term solutions for Nexperia,” Guido Dierick and Arnold Croiset van Uchelen said in a statement.

“No decision has currently been taken to reduce...