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China urges Netherlands to correct Nexperia 'mistakes'
China accuses the Netherlands of causing a semiconductor supply chain crisis by interfering with Nexperia, following Dutch control measures and U.S. pressure on the chipmaker's management.
- On Wednesday, China's Ministry of Commerce urged the Netherlands to reverse its actions and lift barriers on Nexperia to stabilise global chip production and supply chains.
- In September the Netherlands moved to take control of Nexperia, citing security concerns, but the Dutch government suspended the order last month after talks with Beijing while denying US pressure.
- Beijing retaliated by blocking exports of Nexperia chips, noting most finished chips are packaged in China, while civilian-use chips were exempted from restrictions last month.
- Wingtech has begun talks with the court-appointed trustee of Nexperia while Vincent Karremans, Netherlands Economic Affairs Minister, defended the intervention and a court ruling ousting Zhang Xuezheng remains in effect.
- Beijing warned that continued Dutch measures risk destabilising global semiconductor supplies, accusing the Netherlands of causing a crisis and calling its stance 'perplexing' and irresponsible, the Chinese Commerce Ministry said on Wednesday.
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Chipmaker: In September, the Netherlands took control of Nexperia. According to the Dutch government, this was intended to prevent the founder…
·Netherlands
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Coverage Details
Total News Sources18
Leaning Left4Leaning Right1Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 40%
C 50%
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