Core Viewpoint - Nexperia China has announced the unilateral decision to stop supplying wafers to its Dongguan packaging and testing factory (ATGD) effective October 26, 2025, citing alleged non-compliance with contract payment terms by local management, which has been strongly opposed by Nexperia China as misleading and unfounded [4][5]. Group 1 - Nexperia China claims that the assertion of local management's failure to meet contract payment conditions is entirely fabricated and aims to discredit the management of Nexperia China, which has not engaged in any breach of contract [5]. - Nexperia China states that Nexperia Netherlands currently owes ATGD approximately 1 billion RMB in outstanding payments [5]. - The management of Nexperia Netherlands is accused of prioritizing personal interests over the company's overall interests, violating professional ethics and corporate governance, and should be held accountable for the resulting losses [5]. Group 2 - The unilateral cessation of supply by Nexperia Netherlands is described as disregarding customer interests, violating contractual agreements, and damaging customer trust, which is deemed extremely irresponsible [5]. - Nexperia China has established sufficient finished and in-process inventory to reliably meet customer orders until the end of the year and beyond, ensuring supply chain security [6]. - The company is actively implementing multiple contingency plans to verify new wafer production capacity, expressing confidence in seamlessly meeting all customer needs starting next year [6].

Core Viewpoint - Nexperia Netherlands has unilaterally decided to suspend wafer supply to its Dongguan assembly and test site (ATGD) starting October 26, 2025, citing alleged non-compliance with contractual payment terms by local management, which Nexperia China strongly refutes as misleading and defamatory [1][4][5]. Group 1: Allegations and Responses - Nexperia China asserts that the claims made by Nexperia Netherlands regarding local management's failure to meet payment terms are entirely fabricated and constitute malicious defamation, emphasizing that Nexperia China has not breached any contracts [5][6]. - Nexperia Netherlands is reported to owe Nexperia China over RMB 1 billion in outstanding payments, contradicting their claims of non-compliance [5][6]. - The management team at Nexperia Netherlands is accused of severe dereliction of duty, prioritizing personal interests over the company's overall interests, which violates professional ethics and corporate governance [6][7]. Group 2: Supply Chain and Customer Assurance - Nexperia China has established sufficient inventories of finished goods and work-in-progress to meet customer orders through year-end and beyond, ensuring a secure and reliable supply chain [8][9]. - The company has initiated multiple contingency plans to ensure long-term supply resilience and is accelerating the qualification of new wafer supply sources, expressing confidence in meeting all customer demands starting next year [8][9]. - Nexperia China emphasizes its commitment to product quality and fulfilling customer promises, stating that the unilateral supply suspension by Nexperia Netherlands will not alter this commitment [9][10].

Core Viewpoint - Anshi China has established sufficient finished and work-in-progress inventory to meet customer demands despite the unilateral decision by Nexperia Netherlands to stop supplying wafers to its Dongguan packaging and testing factory starting October 26, 2025 [1][4]. Group 1: Company Response - Anshi China strongly opposes the claims made by Nexperia Netherlands regarding local management's failure to comply with contractual payment terms, labeling these statements as misleading and unfounded [2][3]. - The company asserts that it has not breached any contracts and instead highlights that Nexperia Netherlands owes Anshi China approximately 1 billion RMB in payments [4]. Group 2: Supply Chain Management - Anshi China has proactively built up adequate inventory levels to ensure stable supply to customers until the end of the year and beyond, indicating a reliable supply chain [4]. - The company is actively implementing multiple contingency plans and is accelerating the validation of new wafer production capacity to ensure seamless fulfillment of customer needs starting next year [4]. Group 3: Government Involvement - The Chinese Ministry of Commerce has expressed concerns over the Dutch government's interference in corporate affairs, which has contributed to global supply chain disruptions [5][6]. - Chinese officials have called for adherence to contractual spirit and market principles, urging the Dutch side to propose effective solutions to maintain global supply chain stability [5][6].

Core Viewpoint - Nexperia has announced its unilateral decision to stop supplying wafers to its packaging and testing factory in Dongguan (ATGD) starting from October 26, 2025, citing non-compliance with contract payment terms by local management [1][3] Group 1: Company Response - Nexperia China strongly opposes the claims made by Nexperia Netherlands, stating that the allegations of non-compliance with payment terms are baseless and an attempt to malign the local management [3] - Nexperia China asserts that it has not breached any contracts and highlights that Nexperia Netherlands currently owes ATGD approximately 1 billion RMB in unpaid invoices [3] Group 2: Supply Chain and Inventory Management - Nexperia China has established sufficient finished goods and work-in-progress inventory to reliably meet customer demand until the end of the year and beyond [3] - To ensure long-term supply resilience, Nexperia China is actively implementing multiple contingency plans and is accelerating the validation of new wafer production capacity [3] - The company expresses confidence in completing the validation process in the short term and seamlessly meeting all customer needs starting next year [3]

11月2日，安世半导体中国有限公司发布致客户公告函，内容如下： 尊敬的客户： 你们好！相信大家已经获悉，荷兰安世半导体单方面决定自2025年10月26日起停止向位于东莞的封装测 试工厂（ATGD）供应晶圆。在致客户的函件中，荷兰安世半导体声称此举系所谓的"当地管理层近期 未能遵守约定的合同付款条件的直接后果"。上述言论混淆视听，极具误导性，我们对此极为震惊并强 烈反对。在此，我们郑重声明如下： 1. 荷兰安世半导体所谓"当地管理层近期未能遵守约定的合同付款条件"完全是无中生有，恶意抹黑安世 中国管理层。安世中国不存在违约行为；恰恰相反，荷兰安世半导体目前欠付ATGD的货款高达10亿元 人民币。 2. 荷兰安世半导体相关管理层在决策过程中严重失职失责，将个人利益凌驾于公司整体利益之上，严重 违背职业操守和公司治理要求，由此给公司、广大员工造成的损失，应依法承担责任。 3. 荷兰安世半导体单方面停止供货的行为，完全置客户利益于不顾，严重违反合同约定和商业合作原 则，严重破坏了客户信任，是极其不负责任的做法。 4. 目前，安世中国已建立充足的成品与在制品库存，能够稳定、持续地满足广大客户直至年底乃至更长 时间的订单 ...

2025.11. 02 本文字数：527，阅读时长大约1分钟 11月2日， 安世半导体中国有限公司微信公众号发布致客户公告函称，相信大家已经获悉，荷兰安世半导体单方 面决定自2025年10月26日起停止向位于东莞的封装测试工厂（ATGD）供应晶圆。 在致客户的函件中，荷兰安世半导体声称此举系所谓的"当地管理层近期未能遵守约定的合同付款条件的直接后 果"。安世中国对此强烈反对并声明如下： 荷兰安世半导体所谓"当地管理层近期未能遵守约定的合同付款条件"完全是无中生有，恶意抹黑安世中国管理 层。安世中国不存在违约行为；恰恰相反，荷兰安世半导体目前欠付ATGD的货款高达10亿元人民币。 目前，安世中国已建立充足的成品与在制品库存，能够稳定、持续地满足广大客户直至年底乃至更长时间的订单 需求，供应链安全可靠。为确保供应的长期性与韧性，安世中国已积极启动多套预案，正在加紧验证新的晶圆产 能。安世中国对在短期内完成验证、并自明年起无缝衔接满足所有客户需求充满信心。 微信编辑 | 雨林 第一财经持续追踪财经热点。若您掌握公司动态、行业趋势、金融事件等有价值的线索，欢迎提供。 专用邮箱： bianjibu@yicai.com ...

Core Viewpoint - Nexperia China strongly refutes the claims made by Nexperia Netherlands regarding the unilateral decision to stop supplying wafers to the Dongguan assembly and test site (ATGD) from October 26, 2025, asserting that the allegations of non-compliance with payment terms are false and misleading [6][7]. Group 1: Allegations and Responses - Nexperia Netherlands' assertion that local management failed to comply with contractual payment terms is described as fabricated and malicious defamation against Nexperia China's management, with the company claiming that Nexperia Netherlands owes ATGD over RMB 1 billion in outstanding payments [7][8]. - The management team at Nexperia Netherlands is accused of severe dereliction of duty, prioritizing personal interests over the company's overall interests, which violates professional ethics and corporate governance [8]. Group 2: Impact on Customers and Supply Chain - The unilateral suspension of supply by Nexperia Netherlands is said to disregard customer interests, violate contractual agreements, and undermine customer trust, which is characterized as an extremely irresponsible act [9]. - Nexperia China has established sufficient inventories of finished goods and work-in-progress, ensuring stable fulfillment of customer orders through year-end and beyond, while also initiating multiple contingency plans to secure long-term supply resilience [10]. Group 3: Commitment to Customers - Nexperia China emphasizes its commitment to product quality and fulfilling customer promises, stating that the actions of Nexperia Netherlands will not change this commitment [11][12].

Group 1 - China will host the 33rd APEC Leaders' Informal Meeting in Shenzhen in November next year [1] - President Xi Jinping concluded his attendance at the 32nd APEC Leaders' Informal Meeting and his state visit to South Korea [3] - China strongly protested against Japan's meeting with Taiwan representatives during the APEC meeting, stating it violates the One China principle [3] Group 2 - The Southern Theater Command of the People's Liberation Army responded to the Philippines' so-called "joint patrols" in the South China Sea, labeling the Philippines as a disruptor of regional stability [5] - The Ministry of Commerce addressed issues related to ASML, indicating that China will consider exemptions for eligible exports amid global supply chain disruptions [7] Group 3 - The Ministry of Finance and the State Taxation Administration announced tax policies regarding gold, allowing certain transactions to be exempt from VAT [20] - Ansem Semiconductor in China refuted claims of contract violations, stating that the Dutch parent company owes approximately 1 billion RMB in unpaid debts [20]

荷兰安世半导体所谓"当地管理层近期未能遵守约定的合同付款条件"完全是无中生有，恶意抹黑安世中 国管理层。安世中国不存在违约行为；恰恰相反，荷兰安世半导体目前欠付ATGD的货款高达10亿元人 民币。 目前，安世中国已建立充足的成品与在制品库存，能够稳定、持续地满足广大客户直至年底乃至更长时 间的订单需求，供应链安全可靠。为确保供应的长期性与韧性，安世中国已积极启动多套预案，正在加 紧验证新的晶圆产能。安世中国对在短期内完成验证、并自明年起无缝衔接满足所有客户需求充满信 心。 （原标题：安世中国发布致客户公告函：已建立充足的成品与在制品库存 能够满足客户直至年底乃至 更长时间的订单需求） 人民财讯11月2日电，安世半导体中国有限公司11月2日发布致客户公告函称，相信大家已经获悉，荷兰 安世半导体单方面决定自2025年10月26日起停止向位于东莞的封装测试工厂（ATGD）供应晶圆。在致 客户的函件中，荷兰安世半导体声称此举系所谓的"当地管理层近期未能遵守约定的合同付款条件的直 接后果"。安世中国对此强烈反对并声明如下： ...

Core Viewpoint - The seizure of Nexperia, a Chinese-controlled semiconductor company, by the Netherlands is not merely a commercial dispute but part of a broader strategy by the U.S. and the West to target China's $10.2 trillion overseas assets, revealing their true ambitions [1] Group 1: Background of the Incident - Nexperia was revitalized with a $51 billion investment from Chinese capital when it was on the brink of bankruptcy, transforming it into the world's third-largest power semiconductor company [1] - The Netherlands used Cold War-era laws as a pretext to forcibly seize control, which is seen as a blatant violation of private property rights and contrary to the principles of globalization [1] Group 2: Impact on the Semiconductor Industry - The U.S. and Western countries strategically chose the Netherlands due to its control over ASML lithography machines, aiming to hinder China's semiconductor industry [3] - Nexperia's production capacity is heavily rooted in China, and any countermeasures from China could have immediate effects [3] - The European Automobile Manufacturers Association (ACEA) stated that the supply disruption of Nexperia chips has led to a critical inventory shortage for European car manufacturers, with some production lines facing shutdowns [3] Group 3: Dependency on Chinese Rare Earths - ASML's lithography machines are critically dependent on Chinese rare earths, with 92% of global heavy rare earth refining capacity located in China [5] - China holds 70% of rare earth refining patents, and the unique separation technology for key materials like neodymium and terbium is exclusively controlled by China [5] Group 4: Supply Chain Challenges - Following the upgrade of rare earth export controls in October 2025, ASML has experienced supply chain delays, with China accounting for 36% of ASML's projected revenue in 2024, making it a significant vulnerability [7] - The U.S. Department of Energy's CORE-CM initiative to promote domestic rare earth production has yet to yield results, as high-purity oxides remain unproduced [7] Group 5: Long-term Implications - China's rare earth reserves account for 36.7% of global totals, and it maintains a closed-loop control over the entire supply chain, with alternative overseas production taking 5 to 8 years to develop [9] - The aggressive actions by the Netherlands have backfired, leading to supply chain crises for ASML and pressure from European car manufacturers, impacting employment in the Netherlands [9] - The situation illustrates that those who violate global rules will face repercussions, emphasizing the importance of core energy and technology control [13] Group 6: Strategic Goals of China - China's objective extends beyond merely reclaiming Nexperia; it aims to dismantle technological hegemony and leverage rare earths as a strategic asset to counter monopolistic enterprises [11] - By focusing on independent innovation to address technological gaps, China seeks to reshape the industry landscape [11] - The narrative suggests that the era of being easily exploited is over, and the $10 trillion in overseas assets represents hard-earned wealth that cannot be easily seized [11]