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Netherlands Suspends Nexperia Takeover, Returns Control to Wingtech

China signals export curbs will ease after the rollback, with Dutch reporting requirements still in place.

Overview

  • Acting economic affairs minister Vincent Karremans announced on November 19 that The Hague will halt its state intervention and hand back formal control of Nexperia after talks with Chinese officials.
  • An interim board appointed after a Dutch court suspended Nexperia’s Chinese CEO over suspected mismanagement will remain in charge pending the legal process.
  • Beijing had stopped exports of Nexperia components in October, pressuring European carmakers, and has linked a relaxation of those limits to Dutch de‑escalation.
  • The company must continue to notify the ministry about any transfer of production equipment and know‑how between its facilities.
  • Debate continues over U.S. influence on the case, with Karremans denying that a recent American blacklist of Wingtech drove the Dutch move despite contrary assessments from Germany’s trade agency.