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Dutch government lifts emergency controls on Nexperia
Yahoo Finance· 2025-11-21 10:29
Core Viewpoint - The Dutch government has paused its direct intervention in Nexperia, which is expected to alleviate semiconductor supply disruptions for vehicle manufacturers following constructive discussions with China [1][3]. Group 1: Government Intervention - The Dutch Ministry of Economic Affairs has suspended the Goods Availability Act at Nexperia, which was previously activated to ensure production continuity [1][2]. - The Goods Availability Act had restricted Nexperia from making significant business decisions without government approval for one year [2]. Group 2: Company Leadership and Structure - Nexperia's leadership structure remains unchanged, with CFO Stefan Tilger acting as interim CEO and Achim Kempe as COO [4]. - Voting rights for Nexperia shares, indirectly owned by Wingtech Technology, are controlled by an independent administrator appointed by the court [4]. Group 3: Supply Chain and Operations - Nexperia is committed to maintaining alternative supply chain arrangements to minimize disruptions and ensure continuity of deliveries [5][6]. - The company is actively working on solutions to restore a normal supply chain and is prepared to sell and ship wafers directly to customers [6][7].