China's commerce ministry on Wednesday demanded the Netherlands immediately correct its "mistakes" regarding Nexperia, accusing Dutch authorities of showing "absolutely no responsible attitude" toward the global semiconductor supply chain after the Netherlands seized control of the Chinese-owned chipmaker in September.
The Dutch government took control of Nexperia, a subsidiary of Chinese firm Wingtech, citing concerns about potential transfer of technology and company secrets to China, prompting Beijing to retaliate by blocking chip exports from Nexperia's facilities in China where most of its chips are packaged.
While Wingtech has initiated talks with court-appointed custodians overseeing the Netherlands-based chipmaker, Dutch Economic Affairs Minister Vincent Karremans has defended his intervention decision, with the dispute raising broader concerns about global semiconductor supply chain stability.
Red detailed