China urges Netherlands to correct Nexperia 'mistakes'

Yahoo Finance
2025.12.31 02:49
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China has urged the Netherlands to rectify its "mistakes" regarding Nexperia, a Dutch subsidiary of Chinese firm Wingtech, to stabilize the global chip supply chain. The Chinese commerce ministry criticized the Netherlands for its indifference and lack of responsible action towards semiconductor security. This follows the Netherlands' intervention in September to prevent the transfer of company secrets to China, which led to China blocking Nexperia's chip exports. Wingtech is currently negotiating with custodians over control of Nexperia, while the Dutch Economic Affairs Minister defends the intervention.