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Netherlands Pauses Nexperia Takeover After China Eases Export Curbs

Beijing seeks full rollback and relief from court curbs as Wingtech mounts legal challenges and chip supplies recover only partly.

Overview

  • Economic Affairs Minister Vincent Karremans suspended the emergency order under the Goods Availability Act, framing the move as a goodwill step following talks with Chinese officials.
  • China’s commerce ministry welcomed the suspension as a first step but pressed the Netherlands to revoke the order entirely and to undo court measures that stripped Wingtech of control.
  • Key court actions remain in force, including the Amsterdam Enterprise Chamber’s removal of CEO Zhang Xuezheng and the transfer of Wingtech’s voting rights to an administrator, with further proceedings pending.
  • Wingtech said it will use all legal means to restore shareholder control of Nexperia, signaling a continuing legal fight even as some chip shipments resume to automakers.
  • A senior U.S. lawmaker urged the Commerce Department to probe four Chinese wafer suppliers potentially linked to Nexperia China, underscoring ongoing U.S. scrutiny of alternative sourcing routes.