A logo of Nexperia Photo: VCG

The Dutch government said on Wednesday it was suspending its intervention at computer chip maker Nexperia after what it said were constructive meetings with China.

Dutch Economy Minister Vincent Karremans said on Wednesday via his X account that "In light of recent developments, I consider it the right moment to take a constructive step by suspending my order under the Goods Availability Act regarding Nexperia, in close consultation with our European and international partners." 

"We are positive about the measures already taken by the Chinese authorities to ensure the supply of chips to Europe and the rest of the world," Karremans said.

"We will continue to engage in constructive dialogue with the Chinese authorities in period ahead," Karremans added. 

It came after the Dutch government decided in September to seize control of Nexperia from its Chinese parent company, Wingtech Technology, over so-called economic security concerns and suspend its CEO Zhang Xuezheng.

Since then, the Chinse government agencies including the Ministry of Foreign Affairs and MOFCOM have on various occasions slammed the Dutch government for meddling the operations of Nexperia, violating market principles, and causing chaos and disturbance in the supply chain related to the Nexperia issue. They urged the Ducth side to work toward finding constructive solutions to fix the Nexperia issue.   

The Chinese Ministry of Commerce (MOFCOM) revealed on November 8 that China has agreed to the Dutch side's China visit for negotiations over the Nexperia issue.

After China agreed to the Dutch request to send officials to Beijing for consultations, Dutch Economy Minister Vincent Karremans said on November 13 that a Dutch government delegation will travel to China "early next week" to seek a solution in the dispute over chipmaker Nexperia, Reuters reported last week.

When asked on November 13 at a regular press conference whether the Dutch delegation has arrived, when the talks will take place, and what outcomes China expects, MOFCOM spokesperson He Yadong said that since the Nexperia issue emerged, China has maintained a responsible attitude toward safeguarding the stability and security of the global semiconductor supply and industrial chains, and has held multiple rounds of consultations with the Dutch side, adding that China has agreed to the Dutch ministry's request to send officials to China for further discussions. 

China hopes the Dutch side will demonstrate a genuine willingness to cooperate, put forward substantive and constructive proposals as soon as possible, and take concrete steps to swiftly and effectively restore the security and stability of global semiconductor supply and industrial chains at the source, He Yadong said.


Global Times