Tag Archives: Dutch

Photo: VCG Nexperia’s Chinese unit issued a statement on Sunday, saying that Nexperia Netherlands’ claim that “local management’s recent failure to comply with agreed contractual payment terms” is entirely fabricated and constitutes malicious defamation against Nexperia China’s management. It stressed that Nexperia Netherlands’ unilateral suspension of supply completely disregards customer interests ,severely violates contractual agreements and commercial cooperation principles, and …

Dutch minister will meet with China official about seizure of chipmaker Nexperia  Reuters US-China trade dispute over a little-known Dutch chipmaker could halt car production and send prices higher  CNN Nexperia says Chinese unit operating as usual as tensions with the Netherlands run high  Reuters The Small Company in Europe Caught in the Big Trade War Between the U.S. and China  The New York …

Nexperia China, the local unit of the Dutch chipmaker, has told its employees to follow orders from local management and ignore instructions from the Dutch head office, according to a letter issued to employees over the weekend. In open revolt against the headquarters in Nijmegen, the Netherlands, Nexperia China said in a Chinese-language statement on its official social media channel …

Nexperia has withheld access to work accounts and halted salaries for its employees in China, according to local news reports citing a letter from the Chinese unit of the Dutch chipmaker, marking the latest escalation in a growing political dispute between the Netherlands and China. The Chinese unit of Nexperia informed customers on Friday that it had been notified by …

Few car buyers have heard of Nexperia. But this Dutch company makes chips that are essential for making cars — and now, it’s at the center of a trade dispute that could shutter global auto plants and send already-record-level car prices even higher. The dispute is just one part of wider trade tensions between the United States and China. The …

Dutch government in talks with China over Nexperia export controls  Reuters ACEA calls for quick resolution to critical chip supply shortage  ACEA – European Automobile Manufacturers’ Association How a Dutch chipmaker got caught up in the US-China tech war  CNN The Small Company in Europe Caught in the Big Trade War Between the U.S. and China  The New York Times Carmakers gear up for …

China is blocking Nexperia from exporting products from the Asian nation after the Dutch government moved to seize control of the chipmaker. China retaliated after the Dutch government invoked a Cold War–era law to take control of Nexperia, to ensure Europe retains access to its products. The company is a subsidiary of China’s Wingtech Technology and a key supplier of …

US authorities had raised concerns about the boss of a China-owned chipmaker before it was taken over by the Dutch government this week, according to court papers. The documents show US officials warned the Netherlands in June that Nexperia may not be able to export to the US if its Chinese chief executive, Zhang Xuezheng, remained in post. Late on …

The Dutch government has taken control of Nexperia, a Chinese-owned chipmaker based in the Netherlands, in a bid to safeguard the European supply of semiconductors for cars and other electronic goods and protect Europe’s economic security. The Hague said it took the decision due to “serious governance shortcomings” and to prevent the chips from becoming unavailable in an emergency. Nexperia’s …

Nexperia is headquartered in Nijmegen, in the northeast of the Netherlands, and has been controlled by Wingtech since 2019. Recently there have been “signals” of “serious administrative shortcomings” at Nexperia, the Dutch government said Sunday. These shortcomings could “threaten the continuity and safeguarding of crucial technological knowledge and capacity on Dutch and European soil,” the government said, confirming it took …