欧洲车企忙“扫货”，荷兰芯片却为何卖不动了？

Core Points - The Dutch government's takeover of Nexperia, a semiconductor manufacturer, has created a new "chip shortage" risk for European automakers due to national security concerns [2][4] - Nexperia is a leading supplier of automotive-grade power semiconductors, crucial for electric vehicles, and its supply chain disruption could lead to significant shortages in the automotive industry [4][5] - The decision to halt wafer supply to the Dongguan factory has caused panic buying among European automakers, leading to a surge in chip prices and inventory issues in local wafer factories [5][6] Industry Impact - Nexperia holds approximately 18% of the European power semiconductor market, and a supply disruption lasting over four weeks could result in a loss of over 200 million chips [4] - The political intervention by the Dutch government is seen as a move to enhance "technological sovereignty," but it risks destabilizing the automotive chip supply chain and increasing production costs [4][6] - The ongoing situation reflects a shift in global semiconductor competition from market dynamics to control over supply chains, with potential long-term implications for both Europe and China [6][8] Market Reactions - European automakers, including Volkswagen and Renault, have increased their market purchases of Nexperia's automotive chips, with some orders tripling, resulting in a nearly 20% price increase for related chips [5][6] - The global automotive chip market is projected to reach $85 billion by 2027, with Asian supply chains expected to account for over 60% of the market share [7] - The 2021 chip shortage highlighted the critical role of semiconductors in the automotive industry, with significant production losses, emphasizing the need for supply chain resilience [8][9] Geopolitical Context - The U.S. has been a significant influence behind the Dutch government's actions, expressing concerns over Chinese control of Nexperia and its potential access to advanced technologies [6][9] - China's response includes export controls on specific components, aiming to strengthen its supply chain resilience and counteract the Dutch intervention [8][10] - The situation underscores the need for Europe to reassess its approach to "technological sovereignty," advocating for collaboration rather than isolation [11]