The Dutch government has announced its intention to arrange a meeting with Chinese counterparts to collaboratively address the ongoing "impasse" faced by Nexperia Semiconductor. This issue not only poses a challenge to the economic and trade ties between China and the Netherlands but also casts a shadow of uncertainty over the global automotive chip supply chain.
Dutch Minister of Economic Affairs and Climate Policy, Vincent Karremans (Note: As of my knowledge cutoff in October 2023, the Dutch Minister of Economic Affairs and Climate Policy is Micky Adriaansens, here we keep the name from the original text assuming it's for the context of this article), disclosed that China perceives the Netherlands and the United States as having conspired to intervene in Nexperia's affairs. In contrast, the Dutch side contends that its actions were taken to prevent the former Chinese CEO from relocating business operations and intellectual property. He underscored the importance of joint efforts by the Netherlands and China to resolve the matter and indicated that he would engage in discussions with responsible Chinese officials in the coming days.
The "impasse" at Nexperia Semiconductor stems from the "look-through rule" enforced by the United States on September 29. Following intervention by the Dutch government, the company's worldwide operations and governance framework have been disrupted. On the 17th of this month, Chinese employees experienced a suspension of their salaries and encountered disruptions in system access, significantly hampering the company's day-to-day functions.
