A logo of Nexperia Photo: VCG

China's Ministry of Commerce (MOFCOM) said on Saturday that it will grant export exemptions to eligible shipments after a comprehensive review of the circumstances of companies, in response to questions about Nexperia, the semiconductor company owned by Chinese tech company Wingtech.

The ministry's spokesperson reiterated that China has previously responded to media inquiries on this issue, and stressed that "the Dutch government's improper interference in a company's internal affairs has disrupted global industrial and supply chains," according to a statement posted on MOFCOM's website.

"As a responsible major country, China takes into full account the security and stability of domestic and global supply chains," the spokesperson added. "We welcome companies facing real difficulties to reach out to the Ministry of Commerce or local commerce authorities."

Nexperia was legally acquired by China's Wingtech Technology in 2018 for $3.6 billion, according to media reports. Yet, the Dutch government claimed that it had as of September 30 taken control of Chinese-owned computer chipmaker Nexperia, citing so-called worries about the possible transfer of technology to Nexperia's Chinese parent company, Wingtech, according to Reuters.

Wingtech subsequently issued a statement, expressing a strong protest against such discriminatory treatment targeting Chinese-funded enterprises.  

In response, MOFCOM recently slammed the Netherlands for meddling in the operations of Nexperia, saying that the Dutch side had violated market principles.

Chinese Minister of Commerce Wang Wentao said during a phone call with Dutch Minister for Economic Affairs Vincent Karremans on October 21 that China urges the Netherlands to properly resolve Nexperia issues, protect the legitimate rights and interests of Chinese investors, and foster a fair, transparent and predictable business environment.