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China grants exemptions to export curbs on Nexperia chips for civilian use

Nevertheless, bilateral ties between China and the Netherlands, and by extension the European Union, are likely to remain strained until the dispute over Nexperia’s ownership and operations is resolved.

The Dutch government took control of Nexperia on Sep 30, saying that Wingtech was planning to move the company’s European production to China and that this would pose a threat to European economic security.

China responded by cutting off exports of the company’s finished chips, which are mostly packaged in China, though it said last week that it would begin accepting applications for exemptions after a meeting between US President Donald Trump and Chinese President Xi Jinping on Oct 30.

China’s commerce ministry has repeatedly said it was protecting global chip supply chains while the Netherlands was failing to take action to resolve the dispute.

The ministry’s statement on Sunday said that China hoped the EU would “further intensify” efforts to urge the Dutch side to revoke its seizure of Nexperia.

“China welcomes the EU to continue leveraging its influence to urge the Netherlands to promptly rectify its erroneous actions,” the ministry added.

Source: CNA

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