China's Ministry of Commerce has responded to the ongoing control and supply chain dispute surrounding Nexperia, a major automotive semiconductor manufacturer. Spokesperson He Yadong stated that Wingtech Technology, Nexperia's Chinese parent company, has proactively invited Nexperia's Dutch independent directors and share trustees to China for negotiations. The key agenda items are resolving the corporate control issue and restoring stable chip supply.
The Ministry further revealed it has pressed the Dutch Ministry of Economic Affairs through diplomatic channels to honor previous bilateral consensus and facilitate the Dutch side's visit. This push is driven by the urgent need to resolve supply chain disruptions that have already impacted global automotive production. Notably, a planned December visit to China by the Dutch Economics Minister was cancelled, though both sides agreed he would travel if needed for Nexperia talks.
Facing the impasse, Wingtech took the initiative by sending formal letters to the Dutch-appointed share trustees, proposing constructive talks aimed at "bridging differences through dialogue" and finding a long-term solution beneficial to all parties.
ICgoodFind's Insight
The active intervention by Chinese authorities underscores the strategic importance of Nexperia's supply chain to the global auto industry. A resolution through direct negotiation is critical to ending the uncertainty that has plagued this key segment of the chip market.
