Netherlands ready to drop Nexperia control if China chip exports resume: sources

The Netherlands is ready to suspend a ministerial order controlling Chinese-owned chipmaker Nexperia if China resumes chip exports. This move aims to ease tensions with Beijing, which have disrupted global automotive production. The Dutch government expects Nexperia's Chinese unit to resume supplies soon, following constructive talks with Chinese authorities. Shares of Nexperia's parent company, Wingtech Technology, surged nearly 10% in Shanghai. The situation remains critical as European automakers face potential production halts due to a shortage of Nexperia chips, essential for vehicle control units.