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Netherlands’ Takeover of Nexperia Linked to Fears of China Shift, Sources Say

Dutch control continues following the CEO’s suspension, reflecting concerns over supply risks.

Overview

  • The government seized control of Nexperia on Sept. 30 citing governance lapses, and a Dutch court suspended CEO Zhang Xuezheng on Oct. 1.
  • Four Hague-based sources say Zhang transferred chip designs and machine settings from Manchester to China, planned 40% European layoffs and a Munich R&D closure, and intended to move Hamburg equipment.
  • China’s Commerce Ministry blocked Nexperia exports from China on Oct. 4, constraining flows where roughly 70% of the company’s chips are packaged.
  • Nexperia’s China arm has resumed domestic sales and signaled operational autonomy as The Hague pursues talks to restore a unified corporate structure.
  • Carmakers in Europe, the United States and Japan warned of possible production disruptions, while some commentators allege U.S. export-control pressure influenced Dutch actions.