Core Viewpoint - The ongoing crisis involving Nexperia, a chipmaker with Chinese and Dutch operations, has escalated into a public dispute, highlighting tensions between China and the Netherlands as they prepare for critical government discussions regarding the company's future [1][2]. Group 1: Company Operations - Nexperia's Chinese and European divisions are in conflict, contradicting previous claims of a diplomatic resolution [2]. - The European operations of Nexperia have accused the Chinese arm of financial malpractice and refusal to pay for wafers shipped from Europe [5]. - Nexperia stated that it has continued to ship wafers to China for packaging and testing during the crisis, asserting that the Dongguan operation has sufficient wafers to meet supply needs for several months [6]. Group 2: Government Relations - The Dutch economy minister expressed no regrets over his actions related to the crisis, which has drawn sharp criticism from Beijing [2][4]. - China's Ministry of Commerce expressed strong dissatisfaction with the minister's remarks, labeling them as reckless and distorting the truth [4]. - The situation has been described as a breach of contract that has caused turmoil in the global semiconductor supply chain [5].
Nexperia civil war erupts as firm's Chinese and Dutch arms trade blows
Yahoo Finance·2025-11-14 09:30