China urges Netherlands to responsibly resolve Nexperia issue

China has urged the Netherlands to act responsibly in resolving the issue concerning Nexperia, a Chinese-owned semiconductor company based in the Netherlands, emphasizing the importance of preserving both bilateral and China-EU economic ties, as well as ensuring the stability and security of global industrial and supply chains, according to China's Ministry of Commerce.

A ministry spokesperson said that Chinese authorities have repeatedly responded to the Netherlands' government's actions. These include an executive order on September 30 that interfered with Nexperia's internal operations and a subsequent court ruling that stripped the Chinese company of its equity.

The commerce official said these moves have "severely infringed upon Chinese companies' legitimate rights and interests."

Despite repeated appeals from China during consultations, the Netherlands' side has failed to demonstrate a constructive approach, further aggravating disruptions in the global semiconductor supply chain, according to the Ministry of Commerce.

The situation escalated on October 26 when Nexperia's Netherlands' unit announced it would halt wafer supplies to its operations in China, forcing a production stoppage. Beijing holds the Netherlands "fully responsible for these consequences."

In response, China announced on November 1 that it would grant export exemptions for certain items in a bid to stabilize the supply chain and help Nexperia's China operations resume production.

However, the Netherlands' side has yet to take "substantive actions" to resolve the issue. This inaction risks further negative impacts on the global semiconductor industry, an outcome that neither China nor the international community wants to see, the spokesperson said.

China remains committed to safeguarding its businesses' legitimate rights and interests and will continue to maintain the stability and smooth operation of the global semiconductor supply chain, the spokesperson added.