Dutch “Suspension” of Intervention in Nexperia: A Mere Facade, with the Control Battle Far from Over
4 day ago / Read about 0 minute
Author:小编   

Fifty days after the Dutch government placed Nexperia under administrative receivership on September 30, the Dutch Minister of Economic Affairs declared a “suspension of intervention in Nexperia.” This action appears to signal a de - escalation of the tense situation.

A spokesperson from the Ministry of Commerce expressed a cautious welcome for this decision. However, they also emphasized that it fails to tackle the root of the problem, which is the “revocation of the administrative order.” Moreover, the erroneous ruling by the Enterprise Chamber, which stripped Wingtech Technology of its control over Nexperia in the Netherlands, still stands as a significant hurdle.

Wingtech Technology clarified that even with the suspension of the ministerial order, the Enterprise Chamber's ruling remains active. This ruling continues to restrict its control over Nexperia, prompting the company to vow that it will persist in safeguarding its rights.

At present, the Enterprise Chamber's ruling has led to the deprivation of rights for Chinese shareholders and directors. Even if the Ministry of Economic Affairs retracts the administrative directive, there is a lingering risk that the Dutch side might still covertly impose restrictions on Chinese rights.

The true resolution of the control battle over Nexperia can only be achieved by withdrawing the intervention order and compelling the judicial authorities to rectify the ruling.

Furthermore, the Dutch intervention has set off a global industrial - chain crisis. It has disrupted the global automotive chip supply, compelling customers to scramble for alternative solutions.