Dutch Official Cancels Visit to China! What‘s the Current Status of Nexperia?

01 Latest Updates on Nexperia

On December 2 (local time), Dutch Minister of Economic Affairs, Karmans, informed the Dutch Parliament via a letter that he had canceled his scheduled visit to China in December, citing scheduling conflicts.

In the letter, Karmans stated that although the visit has been temporarily canceled, he would still travel to China in the near future should the situation surrounding Nexperia require it, with the new date yet to be determined. He also wrote, "I have also reached consensus with the Chinese side on this matter."

Karmans is expected to attend a debate on the Nexperia incident at the Dutch Parliament on December 4 (local time). It is reported that this debate was scheduled at the explicit request of the Parliament, taking place before Karmans' originally planned visit to China.

Source: Dutch Government Website

Additionally, Reuters reported that Karmans outlined the timeline of the Dutch government's takeover of Nexperia on September 30 in the letter.

The timeline reveals that Karmans first learned of issues at Nexperia on September 18. At that time, he received information indicating that the company's management at the time had "significantly advanced" plans to relocate operations to China, which he stated would pose a threat to Europe's economic security.

Karmans made the decision in principle to intervene on September 25 but did not inform the United Kingdom, Germany, the United States, or China until after the intervention was actually implemented.

The following is a summary of recent information released by official and authoritative sources since the Nexperia incident:

November 1: China announced exemptions for qualified exports of Nexperia semiconductors.

November 2: Nexperia China issued a customer notice stating that Nexperia Netherlands had unilaterally decided to stop supplying wafers to its packaging and testing facility (ATGD) in Dongguan effective October 26, 2025.

November 7 (local time): The Dutch government stated that China would soon resume chip supplies.

November 8: China agreed to a request from the Dutch Ministry of Economic Affairs to send representatives to China for consultations.

November 13

According to a report by Jiwei Network, citing automotive industry officials, Nexperia's Dutch subsidiary has not been shipping silicon wafers to its Chinese subsidiary for assembly.

November 13

Dutch Minister of Economic Affairs, Karmans, stated in an interview with The Guardian that he had "no regrets" about the Dutch government's decision to take over Nexperia on September 30.

November 14

The Dutch Minister of Economic Affairs announced that a Dutch government delegation would travel to China "early next week" to seek a resolution regarding issues related to Nexperia, a subsidiary of the Chinese company Wingtech.

November 14

The Chinese Ministry of Commerce responded to Minister Karmans' remarks in the interview: China expressed extreme disappointment and strong dissatisfaction with such statements that confuse right and wrong, distort facts, and reflect a stubborn unilateral approach. The Dutch Ministry of Economic Affairs declined to comment on the matter that day.

On November 19th, Dutch Minister of Economic Affairs and Climate Policy Micky Adriaansens issued a statement on social media platform X, announcing that the "interventions against Nexperia have been suspended."

On November 19th, Wingtech Technology issued an announcement stating that the company's current control over Nexperia remains restricted.

On November 19th, China's Ministry of Commerce responded: China welcomes the Netherlands' initiative to suspend the administrative order against Nexperia, regarding it as a first step in the right direction toward properly resolving the issue. However, there is still a gap from addressing the root causes of the volatility and disruption in the global semiconductor supply chain.

On November 20th, Wingtech Technology released "Wingtech Technology's Statement on the Suspension of the Dutch Ministry of Economic Affairs' Administrative Order" via its official WeChat public account. The statement pointed out that while the administrative order has been announced as suspended, the emergency measures issued by the Enterprise Chamber of the Amsterdam Court of Appeal in the Netherlands remain in effect. The Dutch Ministry of Economic Affairs is obligated to resolve the Nexperia issue thoroughly and comprehensively, and Wingtech Technology's full rights as a shareholder and its legitimate control over Nexperia must be restored.

On November 23rd, Wingtech Technology released a statement titled "Statement Urging Nexperia Netherlands to Earnestly Respond, Communicate, and Resolve the Control Issue to Safeguard Global Supply Chain Stability" via its official WeChat public account. The statement noted that the company has observed a series of unilateral actions by Nexperia Netherlands and relevant parties, which have posed potential threats to the stability of the global semiconductor industry chain.

In the statement, Wingtech Technology demanded that Nexperia Netherlands, based on respect for facts and law, propose constructive and genuinely sincere solutions on how to restore Wingtech's legitimate control rights and full shareholder rights.

On November 26th, China's Ministry of Commerce stated: The improper administrative and judicial interventions by the Netherlands against Nexperia have not yet been lifted.

November 27

Nexperia BV published an "Open Letter from Nexperia BV to the Leadership of Nexperia Entities in China" on its official website.

The letter stated that Nexperia remains committed to seeking constructive cooperation with its entities in China and has consistently called for candid dialogue to find a way forward toward restoring normal supply. Unfortunately, Nexperia has not yet received any substantive response.

November 28

Wingtech Technology published an "Official Statement from Wingtech Technology Regarding the Nexperia Control Dispute and Global Chip Industry Chain Stability" on its official WeChat account.

The statement noted, "We have taken note of the open letter issued by Nexperia BV to the leadership of Nexperia China on November 27. The letter contains numerous misleading false accusations and misinformation, further reflecting Nexperia BV’s attempts to shift responsibility, evade the core issues, and its lack of sincerity in properly resolving this matter. Wingtech Technology solemnly issues this statement in response."

02

What changes have occurred in the chip spot market?

First, a recap of the previous situation: Since November, the overall chip spot market has tended to calm down, with a wait-and-see approach dominating the first few weeks. Last week, the market remained relatively quiet but saw slight changes: the availability of inventory has started to increase, especially for batches with date codes 2540+; demand persists, but acceptable prices have declined. Current transactions are mostly driven by foreign trade demand, and some distributors report that demand has increased compared to the wait-and-see period.

For details on why Nexperia chips have calmed down, please refer to the recommended reading at the end of this article.

Previously, some large-scale traders were still conducting selective restocking, which was reflected in the divergent transactions across different part numbers in the spot market: individual models maintained high prices, while other chip distributors noted that quotes for some chips have fallen back to historical levels. Market quotes were quite fragmented, with significant gaps between quoted prices and transaction prices. Meanwhile, some agents reported that order demand has been somewhat suppressed due to price hikes by original manufacturers (OEMs).

The chip spot market this week is not much different from last week, generally in a phase where demand is gradually recovering after the wait-and-see sentiment. Overall demand is much lower than during the market boom period, but transactions still exist—mainly driven by foreign trade demand. Transaction prices have declined, yet some part numbers still maintain high prices, and market enthusiasm remains undiminished.

Different chip distributors have varying perceptions: Some traders report that demand remains sluggish, believing that only securing the right part numbers presents opportunities in the current market; those specializing in large-scale trade clients informed us that demand has decreased this week; while distributors with advantageous Nexperia inventory note that transaction volumes have been substantial over the past two weeks—some even indicate that demand this week is higher than last week.

Based on comprehensive information available so far, the overall situation this week has not changed significantly from last week. The Dutch side has suspended the "Ministerial Decree," easing short-term tensions. However, the previous administrative and judicial intervention measures against the company have not been fully lifted, and the core issue of wafer supply remains fundamentally unresolved. Currently, market sentiment is gradually shifting from a wait-and-see stance to recovery, with prices and transactions showing divergent trends.