WINGTECH(SH:600745) Guan Cha Zhe Wang·2025-10-17 07:59Core Viewpoint - The article discusses the escalating tensions between China and the Netherlands regarding the semiconductor industry, particularly focusing on the actions taken against Nexperia, a subsidiary of Chinese semiconductor company Wingtech Technology, which could disrupt the automotive supply chain in the U.S. [1][3][8] Group 1: Impact on Automotive Industry - Major automotive manufacturers in the U.S. have warned that the chip supply disruption due to the China-Netherlands dispute could significantly affect production [1][2] - The American Automotive Innovation Alliance (AAI) has urged for a swift resolution to the issue, indicating that U.S. automotive factories may face impacts as early as next month [2] Group 2: Actions by the Dutch Government - The Dutch government has frozen the assets and intellectual property of Nexperia for one year, citing national security concerns, which has been criticized as excessive interference based on geopolitical bias [3][4][8] - Nexperia's management has faced internal challenges, with foreign executives requesting court investigations and the appointment of a foreign director with decisive voting rights [3][7] Group 3: U.S. Involvement and Regulatory Actions - The U.S. government has been involved in expanding its entity list, which includes companies like Nexperia, and has pressured the Dutch government to take action against the company [7][8] - The timing of the Dutch government's actions closely followed new U.S. export control regulations, raising suspicions of coordinated efforts between the two countries [5][7] Group 4: Reactions from China - The Chinese semiconductor industry association has expressed strong support for Wingtech Technology, condemning the Dutch government's actions as discriminatory [8][9] - Chinese officials have reiterated their opposition to the broad application of national security concepts and emphasized the need for fair market practices [9]