{"id":4411,"date":"2025-11-21T12:04:51","date_gmt":"2025-11-21T12:04:51","guid":{"rendered":"https:\/\/marketsfortress.com\/index.php\/2025\/11\/21\/dutch-government-relinquishes-control-of-chinese-owned-chipmaker-nexperia\/"},"modified":"2025-11-21T12:04:51","modified_gmt":"2025-11-21T12:04:51","slug":"dutch-government-relinquishes-control-of-chinese-owned-chipmaker-nexperia","status":"publish","type":"post","link":"https:\/\/marketsfortress.com\/index.php\/2025\/11\/21\/dutch-government-relinquishes-control-of-chinese-owned-chipmaker-nexperia\/","title":{"rendered":"Dutch government relinquishes control of Chinese-owned chipmaker Nexperia"},"content":{"rendered":"

HONG KONG \u2014 The Dutch government said Wednesday that it was relinquishing control of Chinese-owned chipmaker Nexperia<\/a>, easing a standoff between China<\/a> and the Netherlands<\/a> that threatened supplies of semiconductors vital for global auto manufacturing.<\/p>\n

Economics Affairs Minister Vincent Karremans said he was suspending an earlier order to take control of Nexperia under a rarely invoked Cold War-era law.<\/p>\n

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The Dutch government had cited national security concerns and \u201cserious governance shortcomings\u201d when it took effective control of Nexperia, which is based in the city of Nijmegen but owned by China\u2019s Wingtech Technology. Officials said they were trying to prevent the loss of crucial tech knowledge that could threaten Europe\u2019s economic security.<\/p>\n

Nexperia chips are widely used by carmakers in North America, Japan and South Korea. Automakers warned in recent weeks that they were running low on the chips, and Honda was forced to shut down a factory in Mexico producing its popular HR-V crossover for North American markets.<\/p>\n

Karremans said he was suspending his order issued in late September as a \u201cshow of goodwill\u201d in a decision that came after \u201cconstructive meetings\u201d with Chinese authorities over the past few days.<\/p>\n

\u201cIn light of recent developments, The Netherlands has considered it the right moment to take a constructive step by suspending my order under the Goods Availability Act,\u201d he said in a statement.<\/p>\n

\u201cWe are positive about the measures already taken by the Chinese authorities to ensure the supply of chips to Europe and the rest of the world.\u201d<\/p>\n

China\u2019s Commerce Ministry welcomed the decision, but said it was only a \u201cfirst step\u201d in resolving the issue.<\/p>\n

A Dutch court decision limiting Wingtech\u2019s control over Nexperia \u201cremains a key obstacle to resolving the issue,\u201d the ministry said. It added that both countries should continue to work together on the matter.<\/p>\n

The dispute is an example of how Europe is caught between Washington and Beijing in their rivalry over trade and tech. The Netherlands issued its seizure order after the United States last year put Wingtech on its \u201centity list\u201d of companies that face export controls, and then expanded it in September to include subsidiaries including Nexperia.<\/p>\n

The boardroom battle included the ousting of Nexperia\u2019s Chinese CEO, Zhang Xuezheng, who is also the founder of Wingtech. American officials had told the Dutch government that he should be replaced to avoid trade restrictions, according to a court filing.<\/p>\n

Beijing responded by blocking the export of Nexperia chips from its Chinese factory in early October, a ban it lifted in recent days as part of the U.S.-China trade truce following President Donald Trump<\/a>\u2019s meeting with Chinese leader Xi Jinping<\/a>.<\/p>\n

The White House said it would suspend the expansion clause that covers subsidiaries for a year effective Nov. 10.<\/p>\n

Still, the company\u2019s Chinese unit and its Dutch headquarters have continued to spar over the supply of wafers from fabrication plants in Europe to its assembly center in China.<\/p>\n

Despite Karremans\u2019 announcement, the dispute is still not fully resolved, according to the companies.<\/p>\n

Wingtech said that if the Dutch government has \u201cthe sincerity to solve the problem,\u201d it should file a notice \u201cexplicitly withdrawing its support\u201d for court proceedings that resulted in Zhang being suspended as CEO.<\/p>\n

The court proceedings are a threat to Nexperia\u2019s continuity and \u201ctherefore for the economic security of the Netherlands and Europe \u2014 which is the exact same argument the Dutch government made previously in support of judicial intervention.\u201d<\/p>\n

Wingtech said it strongly rejects accusations from Karremans that Zhang was behind \u201cvarious acts of alleged mismanagement,\u201d saying no proof has been provided.<\/p>\n

Nexperia said the Dutch government\u2019s announcement is a sign of significant progress but \u201cfull restoration of the supply chain requires active further cooperation of Nexperia\u2019s entities in China.\u201d<\/p>\n

Nexperia was formerly part of Dutch electronics giant Philips and eventually purchased by Wingtech in 2018. It makes basic, standardized chips essential for running numerous automotive functions such as operating lights, airbag systems and anti-lock brakes. Modern cars can require hundreds of such components.<\/p>\n","protected":false},"excerpt":{"rendered":"

HONG KONG \u2014 The Dutch government said Wednesday that it was relinquishing control of Chinese-owned chipmaker Nexperia, easing a standoff between China and the Netherlands that threatened supplies of semiconductors vital for global auto manufacturing. Economics Affairs Minister Vincent Karremans said he was suspending an earlier order to take control of Nexperia under a rarely <\/p>\n","protected":false},"author":0,"featured_media":4412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":{"0":"post-4411","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/posts\/4411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/comments?post=4411"}],"version-history":[{"count":0,"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/posts\/4411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/media\/4412"}],"wp:attachment":[{"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/media?parent=4411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/categories?post=4411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/marketsfortress.com\/index.php\/wp-json\/wp\/v2\/tags?post=4411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}