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Netherlands Pauses Nexperia Intervention to Ease China Rift

The move is framed as a goodwill step meant to help restart chip exports to Europe.

Overview

  • Demissionair economic affairs minister Vincent Karremans temporarily suspended the state's special oversight of the Nijmegen-based chipmaker.
  • The suspension does not scrap the measure, as the minister can reapply it and Nexperia must keep reporting any moves of production assets or know-how.
  • Karremans imposed the intervention in late September to block decisions deemed risky for European chip output after concerns over the firm's Chinese director.
  • A commercial court removed that director the day after the intervention, and China then halted exports from Nexperia’s Chinese plant, unsettling automakers.
  • Dutch officials are in China for talks, and the minister says he expects chip shipments to resume.