The Dutch government suspends the takeover of Nexperia, and the Chinese side regains control of the company
Dutch Minister of Economic Affairs and Climate Policy Vincent Karremans announced on Wednesday a statement: The Dutch government will suspend the compulsory takeover of chip manufacturer Nexperia from today. This means that the actual control of the company will return to its Chinese parent company, Wintech Technology.
Mr. Karremans stated in the statement:
"In the past few days, we have had constructive dialogue with the Chinese government. The Chinese authorities have taken measures to ensure that the chips produced by Nexperia continue to be supplied stably to the European and global markets, which we appreciate and regard as a gesture of goodwill."
September 30: The Dutch government suddenly implemented a compulsory takeover of Nexperia's factory in the Netherlands, citing "national security" as the reason, fearing that the former CEO would improperly transfer key assets, technology, and funds to foreign entities.
October 4: Chinese customs suspended the export of finished chips from Nexperia, causing a severe shortage in the European automotive supply chain (some production lines of Volkswagen, BMW, Stellantis, etc., were shut down).
Starting in mid-October: The Chinese side gradually relaxed export restrictions, but on the condition that the Netherlands "showed sincerity".
The Nexperia factory in Nuenen, the Netherlands, is one of the few factories in Europe still capable of producing mature power semiconductor products. 70% of its chips are sent to China for post-packaging. This dispute once caused the European automotive industry to lose billions of euros.
Industry insiders analyzed that this move by the Netherlands was a compromise in the face of the reality of the chip shortage and the firm countermeasures of China. There are also concerns within the EU that if the confrontation continues, it may further exacerbate the global supply chain crisis.
Currently, the parent company of Nexperia, Wintech Technology, has not officially responded, but the Dutch government has clearly stated that the takeover measures are "suspended, not canceled", and may be restarted in the future depending on the situation change. (Mao Shu in Silicon Valley)
Original: www.toutiao.com/article/1849259035289608/
Statement: The article represents the personal views of the author