China urges cooperation from Netherlands to resolve Nexperia issue

China has urged the Dutch government to demonstrate a genuine willingness to cooperate with China and promptly advance substantive proposals to resolve the issues regarding Nexperia, a Chinese-owned semiconductor company based in the Netherlands, the Ministry of Commerce said.

Following China's agreement to a request by the Dutch Ministry of Economic Affairs to send officials to China for consultations on the matter, He Yadong, the ministry's spokesman, called on the Netherlands to take concrete actions to swiftly and effectively restore the security and stability of the global semiconductor industrial and supply chains.

Noting that the Netherlands' handling of the Nexperia case has disrupted the global semiconductor supply chain, China announced on Nov 1 that it would grant export exemptions for eligible orders.