The Netherlands’ Economy Minister said on Tuesday that he had spoken with his Chinese counterpart regarding Nexperia BV, the Dutch semiconductor maker recently taken under government control. The move had prompted China to block exports, raising concerns for European carmakers that rely on Nexperia’s chips.

Minister Vincent Karremans stated that he discussed “further steps toward reaching a solution” with Chinese Minister of Commerce Wang Wentao, aiming to protect the interests of the company as well as the broader Chinese and European economies.

Meanwhile, Nexperia’s China-based operations have started asserting independence, informing employees that they can reject “external instructions”. Nexperia is a subsidiary of Shanghai-listed Wingtech (600745.SS).

---

Key Points:

• Dutch government seized control of Nexperia last month.
• China responded by blocking exports, affecting European automotive supply chains.
• Dutch and Chinese ministers are seeking a resolution that balances corporate and economic interests.
• Nexperia China signals operational independence from external directives.