China urges Netherlands to correct Nexperia 'mistakes'

China has criticised the Netherlands for interfering in the chip industry and disrupting the global semiconductor supply chain. The row centres on Dutch control of Nexperia, a firm linked to a Chinese company, and Beijing’s retaliatory export curb...

Reuters
China urged the Netherlands on Wednesday to immediately ⁠correct its "mistakes" and remove obstacles to ensure the stability of the global chip production and supply chain.

"The Netherlands remains indifferent, and stubbornly ‌insists on its ‌own way, showing absolutely no responsible attitude towards the security of the ‌global semiconductor supply chain, and taking no substantive action whatsoever," the Chinese commerce ministry said in a statement.

In September, the Netherlands took control of Nexperia, a Dutch subsidiary of Chinese firm Wingtech, saying it aimed to stop the founder from moving company secrets and production ‌to China.


Beijing ‍retaliated by blocking the export of ‍Nexperia's chips, most of which are packaged in ‌China. While Wingtech has since started talks with court-appointed custodians of Nexperia over control of the Netherlands-based chipmaker, Economic Affairs Minister Vincent Karremans has defended his decision to intervene. In a recent interview with De Telegraaf, Karremans again defended his move against Nexperia.

"I wouldn't characterise ‍it as enjoyable, but it was necessary," he told the Dutch daily. "And I don't let ‍my decisions be ⁠guided by ⁠whether they're enjoyable or not."

In response to Karremans' comment, the Chinese commerce ministry described the Dutch position as "perplexing".
ADVERTISEMENT

"China has repeatedly emphasised that the Netherlands' inappropriate administrative interference in the internal affairs of Nexperia has led to a crisis in the global semiconductor supply chain, and the Netherlands must bear full responsibility for this."
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › China urges Netherlands to correct Nexperia 'mistakes'
Text Size:AAA
Success
This article has been saved

*

+