Nexperia chips begin flowing from China again amid tensions
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Nexperia chips begin flowing from China again amid tensions
""inappropriate interference""
""The Netherlands should bear full responsibility for this,""
""China hopes that the Netherlands will act responsibly and meet China halfway, stop interfering in the internal affairs of companies, and find a constructive solution to the Nexperia issue.""
The Chinese Ministry of Commerce approved export licenses and exemptions to resume chip exports from Nexperia's China operations, where a sizeable share of packaging and distribution occurs. Nexperia maintains front-end manufacturing in Germany and the UK. The export approvals should ease potential shortages for Europe’s automotive industry that relies on Nexperia chips. The Chinese Ministry criticized the Dutch government’s placement of Nexperia under control as arising from Dutch officials' "inappropriate interference" and urged the Netherlands to assume responsibility and seek a constructive resolution. The Dutch government invoked the Goods Availability Act on September 30, granting veto power over major corporate decisions. Reports suggested the move aimed to block sensitive technology transfers to parent Wingtech, which denied those reports, and CEO Zhang Xuezheng, removed after intervention, claimed the Chinese division was effectively operating independently following Dutch action.
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