Dutch Government Lifts Order Seizing Control of Chinese-Owned Chip Maker Nexperia
By Adria Calatayud
The Dutch government suspended an order that allowed it to seize control of chip maker Nexperia from its Chinese owner, the country's economy minister said.
The decision was made in consultation with the Netherlands' European and international partners and followed recent meetings with Chinese authorities, Dutch Economy Minister Vincent Karremans said Wednesday. The minister cited measures already taken by China to ensure the supply of chips to Europe and the rest of the world.
"We see this as a show of goodwill. We will continue to engage in constructive dialogue with the Chinese authorities in the period ahead," Karremans said in a post on X.
The Dutch government in October said it had assumed the power to block or reverse decisions at Nexperia, which is owned by China's Wingtech Technology. Beijing then moved to halt exports of Nexperia chips, in a move that raised concerns in the auto industry about a potentially damaging shortage.
The Chinese commerce ministry later said it would grant export licenses in eligible cases, after a meeting between President Trump and Chinese leader Xi Jinping in South Korea, and auto suppliers including Germany's Aumovio recently said Nexperia chip supplies were leaving China again.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
November 19, 2025 04:46 ET (09:46 GMT)
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