Chinese officials have agreed with their Dutch counterparts on the Nexperia crisis that has thrown the global auto chip supply chain into disarray, the Ministry of Commerce said in a statement on Saturday. The announcement comes a day after the Netherlands announced that shipments of Chinese-made Nexperia chips would soon resume, according to the South China Morning Post.
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In response to comments by Dutch Economy Minister Vincent Carmans on Friday – indicating that China-made Nexperia chips could resume shipping in the coming days – Beijing expressed hope that the Dutch side would take concrete steps and agreed to a request from the Netherlands to send representatives to China for talks. No specific date has been mentioned for this meeting.
China hopes that Holland’s comments will not remain mere rhetoric, but will immediately lead to constructive solutions and concrete measures to quickly and effectively restore stability to the global semiconductor supply chain at its source, the Chinese Ministry of Commerce said in a statement.
Karremans said on Friday that China could resume supplying chips to Nexperias customers in Europe and beyond “in the coming days”. According to a Bloomberg report on the same day, the Dutch government was ready to cede control of the company to Nexperia China “as soon as next week” if shipments resume.
Source: IndexBox Market Intelligence Platform
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