Holland is in a panic!
Minister of Economy of the Netherlands recently announced:
The Netherlands is losing more than 2 million euros per day and urgently needs to negotiate with the senior officials of the Eastern power!
The key point of the negotiation is NXP Semiconductor.
Recent public signals for negotiations by Minister of Economy of the Netherlands, Karelmans, clearly stated that due to the restrictive measures related to NXP Semiconductor, the country is losing over 2.3 million euros per day and urgently hopes to hold dialogue with Chinese senior officials to break the deadlock. This supply chain incident initiated by the Netherlands is causing heavy costs to the European automotive industry and the Dutch economy.
The trigger of the event started on September 30, 2025, when the Dutch government, based on the Cold War-era goods supply law, froze the global assets of NXP Semiconductor under the pretext of "maintaining national economic security." Not only did it suspend the position of the Chinese CEO, but also forcibly took over the 99% equity held by the Chinese parent company, Wintech Technology. This move clearly shows the shadow of American influence - previously, the U.S. Department of Commerce had repeatedly warned the Netherlands to restrict the operations of NXP Semiconductor led by Chinese capital.
The radical operation of the Netherlands directly cut off the "lifeblood" of the global automotive-grade chip supply chain. As a leading semiconductor company globally, NXP Semiconductor has an annual production capacity of 100 billion chips, with 70% of its packaging and testing business concentrated at its factory in Dongguan, China. Its chips have long provided stable supply for core models of German automakers such as Volkswagen, BMW, and Mercedes-Benz. In response, China implemented countermeasures on October 4th, suspending the export of specific chip components from NXP Semiconductor's Chinese factory, causing the global supply chain to immediately stagnate.
European automakers quickly tasted the consequences. The Volkswagen Group's Hamburg plant issued a warning, stating that the production line for the Golf model is on the verge of interruption, and the potential loss from this shutdown could reach 40 million euros; BMW, in order to maintain the sales of premium vehicles, had to take emergency measures of disassembling inventory vehicles to extract chips; Mercedes even revealed that the chip inventory for premium models can only support two weeks. The European Automobile Manufacturers Association urgently spoke out, pointing out that the custom development of automotive-grade chips requires a cycle of 1-2 years, and there is no way to find an alternative supplier in the short term, and the risk of supply chain disruption has spread throughout the entire industry.
The economic pain of the Netherlands itself is equally severe. In addition to the direct loss of 2.3 million euros per day, data from the Amsterdam Stock Exchange show that due to the supply chain turbulence, the stock prices of Dutch leading companies such as Philips and ASML have continued to decline, with cumulative market value losses exceeding 12 billion euros. Under the intensive lobbying of German automakers, the Netherlands finally realized the severity of the issue - the technical barriers and production scale of NXP Semiconductor are irreplaceable in the short term, and violating the laws of globalization and following the United States in technological blockades will ultimately hurt their own industrial development.
In fact, the Dutch Minister of Economy had already proactively called the Chinese Minister of Commerce, Wang Wentao, on October 17th to seek a solution, but the negotiations failed to make progress because the proposal did not mention the core demands of returning the company's control rights. China clearly stated that the erroneous practices must be corrected, and the control rights of NXP Semiconductor must be returned according to law, with no room for exemption.
From a cooperative model of corporate acquisition to the focus of supply chain confrontation, the NXP Semiconductor incident once again proves that the global industrial chain has been deeply intertwined. Politicalizing commercial issues through anti-globalization operations will eventually trigger a chain reaction. Whether the Netherlands can put aside the mindset of confrontation and make substantial concessions not only concerns the fate of one company, but also tests the strategic choices of small countries in the context of major power struggles. The direction of this supply chain confrontation will undoubtedly continue to affect the nerves of the global automotive and semiconductor industries.
The Netherlands freezes the assets of Wintech NXP Semiconductor
Original: www.toutiao.com/article/1847110399489036/
Statement: This article represents the views of the author.