Overview
- Dutch Economy Minister Vincent Karremans halted the order to take control of Nexperia under the Goods Availability Act.
- The government said it is encouraged by measures from Chinese authorities intended to ensure chip supply to Europe and the rest of the world.
- The suspension follows a dispute that saw Beijing halt exports of Nexperia’s finished products in early October before easing the restrictions.
- Talks will continue between the two sides, with a Dutch delegation expected in Beijing for further discussions.
- Nexperia is a key supplier of legacy chips for automakers, and the standoff has strained car production with reported slowdowns and temporary halts.