Overview

• Nexperia China told staff to follow local management and reject outside instructions, asserting it operates as an independent Chinese entity.
• Nexperia’s Netherlands headquarters said Chinese salary freeze claims are false and attributed recent confusion to actions by its suspended former CEO.
• The Netherlands placed Nexperia under state oversight on September 30 citing governance failures and potential transfer of production, assets and IP.
• China’s commerce ministry blocked exports of certain Nexperia goods from China on October 4, intensifying a standoff now subject to diplomatic talks.
• Automakers and industry groups warned of possible shortages of standard chips, though Volkswagen and BMW reported no production impact yet as they assess risk.