Overview

• Dutch authorities took temporary control of Nexperia on September 30, suspended CEO Zhang Xuezheng, and installed interim management citing governance and security concerns.
• China’s commerce ministry on October 4 blocked certain exports from Nexperia’s China operations, intensifying cross‑border restrictions tied to the company.
• Nexperia said staff in China still have system access and are being paid, countering Chinese media reports that cited a local letter alleging suspended accounts and halted salaries.
• The company attributed confusion to unauthorised actions by its suspended former CEO and said it remains committed to employees and customers in China.
• The Netherlands said talks have begun to ease export‑control tensions, while automakers including Volkswagen and BMW are assessing supply risks with no current production impact reported.