China to Resume Nexperia Chip Exports, Dutch PM Schoof Says
(Bloomberg) — Dutch Prime Minister Dick Schoof said China has agreed to resume deliveries of Nexperia chips from plants in the country, signaling a potential breakthrough in a clash that risked disrupting global auto production.
“We were informed by China that they will enable the resumption of supplies from Chinese factories from Nexperia,” Schoof said in an interview Friday on the sidelines of a climate summit in Belem, Brazil.
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A resumption could set the stage for the Netherlands to relinquish government control it imposed over Dutch-based Nexperia, which is owned by Wingtech Technology Co. China retaliated by imposing export restrictions over components from Nexperia’s Chinese facility, which accounted for about half of its pre-crisis volumes.
On Saturday, China told the European Union that it will “grant exemptions from licensing requirements to any exporter, provided that it is declared that the goods are intended for civilian use,” the bloc’s trade chief Maros Sefcovic said in a social media post, adding that the measure takes effect immediately.
Economic Affairs Minister Vincent Karremans sparked the dispute in late September by invoking a Cold War-era law to gain powers over decisions at Nexperia. The Dutch government was preparing to suspend the measure as soon as next week if exports from Nexperia’s Chinese affiliate resumed, Bloomberg reported earlier Friday.
The breakthrough follows recent consultations between Dutch and Chinese officials, with Beijing agreeing to host talks in China on the matter. In a statement Saturday, China’s Ministry of Commerce urged the Netherlands to take concrete steps to protect Chinese firms’ rights. Beijing warned that no real action had yet been taken to restore stability in the global chip supply chain.
Pressure was mounting on the Netherlands to resolve the crisis as automakers such as Volkswagen AG warned about the impact of a global chip shortage. Honda Motor Co. slashed its annual profit guidance after halting production at some plants.
Schoof commented after meeting with German Chancellor Friedrich Merz in Brazil.
“That’s also good news for the German car factories,” he said. “We don’t know yet the speed with which they will deliver, but I think it’s an important message and the chancellor of course liked the message because it’s important for Germany.”

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