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Dutch minister plans talks with China amid Nexperia chipmaker seizure and export dispute
The logo of Chinese-owned semiconductor company Nexperia is pictured in Hamburg, Germany June 27, 2024. — Reuters pic

AMSTERDAM, Oct 19 — The Netherlands’ Economy Minister Vincent Karremans today said he expected to have a meeting with a Chinese government official within days to discuss how to resolve a standoff over computer chip maker Nexperia NV. 

The Dutch government seized control over Nexperia, a subsidiary of China’s Wingtech and an important supplier of basic chips used in cars, on September 30, prompting the Chinese government to ban exports of the company’s finished products, threatening global auto supply chains. Karremans spoke in an interview on the Dutch television show Buitenhof. — Reuters

 

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