https://www.scmp.com/rss/524244/feed The latest news and top stories on Vincent Karremans, Dutch Minister for Economic Affairs. He assumed this role in June 2025, having previously served as State Secretary for Youth, Prevention and Sport and as an Alderman in Rotterdam. An entrepreneur, he founded Magnet.me. Recently, he invoked the Goods Availability Act to take control of chipmaker Nexperia, citing national security concerns and governance issues to protect crucial technology. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Xiaofei Xu Xiaofei Xu Dutch chipmaker Nexperia and its Chinese parent, Wingtech Technology, are set for another showdown in early 2026, as the legal battle over control of the semiconductor firm intensifies. The two sides will face off before the Dutch Enterprise Chamber on January 14, a court representative told the Post on Tuesday, speaking on condition of anonymity. The hearing aims to determine whether there were valid reasons to doubt the sound management of Nexperia before the chamber’s ruling in early October,... https://www.scmp.com/economy/global-economy/article/3338307/nexperia-wingtech-set-fresh-face-january-us8-billion-stake?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3338307/nexperia-wingtech-set-fresh-face-january-us8-billion-stake?utm_source=rss_feed Wed, 31 Dec 2025 12:00:08 +0000 Xiaofei Xu Xiaofei Xu China has urged the Dutch government to push the Netherlands arm of semiconductor manufacturer Nexperia to send personnel to China, Beijing’s commerce ministry said during a press conference on Thursday. The Dutch embassy in China has been asked to urge The Hague’s Ministry of Economic Affairs to “implement the consensus reached in consultations” and encourage the Nijmegen-headquartered company to dispatch its representatives to China “as soon as possible”, ministry spokesman He Yadong... https://www.scmp.com/economy/global-economy/article/3336048/beijing-urges-dutch-government-push-china-visit-nexperia-execs?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3336048/beijing-urges-dutch-government-push-china-visit-nexperia-execs?utm_source=rss_feed Thu, 11 Dec 2025 08:55:11 +0000 Finbarr Bermingham Finbarr Bermingham Export controls may have been the economic weapon of choice in 2025, but the Dutch minister at the centre of the Nexperia crisis has admitted he was blindsided by Beijing when it blocked the company’s chips from leaving China. His concession raises fresh questions over how much planning went into the decision to reach for a Cold War-era law to intervene in the Chinese-owned, Dutch-headquartered chipmaker in September, a move that triggered a supply chain shock in the global automotive... https://www.scmp.com/news/china/article/3335416/dutch-minister-admits-being-blindsided-chinas-retaliation-nexperia-chip-crisis?utm_source=rss_feed https://www.scmp.com/news/china/article/3335416/dutch-minister-admits-being-blindsided-chinas-retaliation-nexperia-chip-crisis?utm_source=rss_feed Fri, 05 Dec 2025 16:22:19 +0000 Xiaofei Xu Xiaofei Xu Both China and the European Union have signalled that a dispute over semiconductor maker Nexperia should be resolved at the corporate level, according to China’s Ministry of Commerce, as affected countries continue to seek a solution to supply-chain disruptions. The push for a corporate resolution came after two separate video conferences that Chinese Commerce Minister Wang Wentao had on Wednesday – with German Economy Minister Katherina Reiche and European Commissioner for Trade Maros... https://www.scmp.com/economy/global-economy/article/3334389/china-eu-push-nexperia-and-chinese-owner-end-corporate-dispute-amid-chip-concerns?utm_source=rss_feed https://www.scmp.com/economy/global-economy/article/3334389/china-eu-push-nexperia-and-chinese-owner-end-corporate-dispute-amid-chip-concerns?utm_source=rss_feed Thu, 27 Nov 2025 13:00:20 +0000 Coco Feng,Bien Perez Coco Feng,Bien Perez When Dutch authorities seized control of chipmaker Nexperia almost two months ago, it resulted in a clash between the head office in Nijmegen and the company’s mainland China unit, which vowed to operate and meet orders as an independent enterprise. That dispute also exposed the vulnerability of global car supply chains, as any disruption in Nexperia’s shipments of so-called legacy chips would affect nearly every major European carmaker, as well as those in Japan and the United States. Here are... https://www.scmp.com/tech/big-tech/article/3333737/timeline-sino-dutch-row-over-control-chipmaker-nexperia?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3333737/timeline-sino-dutch-row-over-control-chipmaker-nexperia?utm_source=rss_feed Fri, 21 Nov 2025 13:00:10 +0000 Finbarr Bermingham Finbarr Bermingham The Dutch government has suspended its invocation of the Goods Availability Act, a Cold War-era law it used to effectively seize the European operations of Chinese-owned chipmaker Nexperia. In a statement on Wednesday, the Dutch economy minister said the government had held “constructive meetings with the Chinese authorities” in recent days and he was “positive about the measures already taken by the Chinese authorities to ensure the supply of chips to Europe and the rest of the world”. “We see... https://www.scmp.com/news/china/diplomacy/article/3333407/show-goodwill-dutch-government-suspends-invoking-goods-availability-act-nexperia?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3333407/show-goodwill-dutch-government-suspends-invoking-goods-availability-act-nexperia?utm_source=rss_feed Wed, 19 Nov 2025 09:14:20 +0000 Coco Feng Coco Feng The Nexperia factory in Dongguan, in the heart of southern China’s Pearl River Delta, has long been a poster child for successful globalisation. Since its launch in 2000, the plant, which covers an area the size of 10 football fields, has operated 24 hours a day, seven days a week, non-stop. Following its most recent upgrade in 2018, its annual production capacity surged to 90 billion units, making it the largest assembly site in the Chinese-owned Dutch chipmaker’s global network. Yet, this... https://www.scmp.com/tech/tech-war/article/3332814/us-china-tech-war-nexperia-saga-exposes-europes-loosening-grip-chip-supply-chain?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3332814/us-china-tech-war-nexperia-saga-exposes-europes-loosening-grip-chip-supply-chain?utm_source=rss_feed Sat, 15 Nov 2025 03:00:09 +0000 Finbarr Bermingham Finbarr Bermingham The crisis surrounding the chipmaker Nexperia erupted into a war of words on Friday, with the company’s Chinese and Dutch arms trading barbs, while Beijing slammed the Dutch minister involved. The fiery exchange, which took place over several hours late on Friday evening, will raise tensions ahead of crunch government talks in the Chinese capital next week aimed at resolving the future of the Chinese-owned, Dutch-based company that makes legacy chips vital to the automotive industry. It shows... https://www.scmp.com/news/china/article/3332895/nexperia-civil-war-erupts-chinese-and-dutch-arms-trade-blows?utm_source=rss_feed https://www.scmp.com/news/china/article/3332895/nexperia-civil-war-erupts-chinese-and-dutch-arms-trade-blows?utm_source=rss_feed Fri, 14 Nov 2025 18:02:57 +0000 Coco Feng Coco Feng The Sino-Dutch row over the control of the Chinese-owned, Netherlands-based chipmaker Nexperia deepened on Friday, as the company’s China units accused the head office of “malicious sabotage” and “shirking responsibilities”. This latest development threatened to put at risk a meeting between the Dutch and Chinese sides early next week in Beijing. The Netherlands’ Minister of Economic Affairs, Vincent Karremans, on Thursday said the dialogue was aimed at finding a “mutually agreeable solution” to... https://www.scmp.com/tech/tech-war/article/3332869/nexperia-china-slams-chipmakers-head-office-sino-dutch-envoys-prepare-talks?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3332869/nexperia-china-slams-chipmakers-head-office-sino-dutch-envoys-prepare-talks?utm_source=rss_feed Fri, 14 Nov 2025 12:52:54 +0000 Ji Siqi Ji Siqi As China and the Netherlands prepare to hold talks next week over the Nexperia chipmaker dispute, Beijing has the patience to resolve the issue through multiple rounds of negotiations to ensure the case remains isolated, analysts said. On Thursday, Dutch Economy Minister Vincent Karremans said a senior government delegation would visit Beijing “to continue our efforts to find a mutually agreeable solution”. The Dutch government took the unusual step of seizing control of Nexperia from its... https://www.scmp.com/economy/china-economy/article/3332847/china-signals-patience-nexperia-row-escalation-seen-possible-talks-loom?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3332847/china-signals-patience-nexperia-row-escalation-seen-possible-talks-loom?utm_source=rss_feed Fri, 14 Nov 2025 11:30:19 +0000 Vincent Chow Vincent Chow Chinese officials have agreed to hold talks with their Dutch counterparts regarding the Nexperia crisis, which has thrown the global automotive chip supply chain into uncertainty, the Ministry of Commerce said in a statement on Saturday. In response to remarks made by Netherlands’ Economy Minister Vincent Karremans on Friday – indicating that Nexperia chips made in China could resume shipments in the coming days – Beijing expressed hope that the Dutch side would take concrete actions and agreed... https://www.scmp.com/tech/tech-war/article/3332035/nexperia-crisis-beijing-agrees-talks-dutch-officials-china?utm_source=rss_feed https://www.scmp.com/tech/tech-war/article/3332035/nexperia-crisis-beijing-agrees-talks-dutch-officials-china?utm_source=rss_feed Sat, 08 Nov 2025 07:44:25 +0000 Coco Feng Coco Feng The Netherlands’ Economy Minister Vincent Karremans said on Friday that China could resume supply of chips to Nexperia customers in Europe and the rest of the world “over the coming days”, signalling that the Dutch government has “softened its stance” and raising hopes of a breakthrough in a row that has threatened to throw global automotive production into disarray. “The Netherlands trusts that the supply of chips from China to Europe and the rest of the world will reach Nexperia’s customers... https://www.scmp.com/tech/article/3331975/nexperia-crisis-dutch-minister-trusts-china-resume-chip-delivery-coming-days?utm_source=rss_feed https://www.scmp.com/tech/article/3331975/nexperia-crisis-dutch-minister-trusts-china-resume-chip-delivery-coming-days?utm_source=rss_feed Fri, 07 Nov 2025 12:01:15 +0000 Coco Feng Coco Feng In a sign of worsening disruption to the global semiconductor supply chain, the main Dongguan assembly plant of Nexperia – the China-owned, Netherlands-based chipmaker – has sharply scaled down production in recent days, reducing working hours and idling one third of the machines in one part of the production area. Three employees said in an interview with the South China Morning Post on Monday that the company had reduced monthly working hours, while another said his daily shift was operating... https://www.scmp.com/tech/article/3330516/nexperias-china-factory-cuts-output-dutch-takeover-deepens-global-chip-supply-tensions?utm_source=rss_feed https://www.scmp.com/tech/article/3330516/nexperias-china-factory-cuts-output-dutch-takeover-deepens-global-chip-supply-tensions?utm_source=rss_feed Mon, 27 Oct 2025 13:02:51 +0000 Coco Feng Coco Feng Amid a geopolitical storm over its Dutch chip unit Nexperia, Wingtech Technology delivered stellar third-quarter earnings while warning of potential future disruptions. The impact of the power struggle at Nexperia, the biggest revenue earner for Wingtech, was “difficult to quantify precisely”, the Chinese company said in its filing to the Shanghai Stock Exchange outside trading hours on Friday evening. “Should control over Nexperia fail to be restored by the end of 2025, the company may face the... https://www.scmp.com/tech/article/3330307/nexperia-parent-wingtech-warns-cash-flow-risk-despite-280-surge-quarterly-profit?utm_source=rss_feed https://www.scmp.com/tech/article/3330307/nexperia-parent-wingtech-warns-cash-flow-risk-despite-280-surge-quarterly-profit?utm_source=rss_feed Sat, 25 Oct 2025 10:00:32 +0000 Coco Feng Coco Feng Chinese investors are grilling listed companies with European exposure after the Dutch government seized management control of Nexperia from its Chinese owner Wingtech Technology, in a sign that public trust in European business ties is being undermined. At least seven companies listed in Shanghai and Shenzhen have been publicly asked by investors about risks stemming from their investments and operations in the Netherlands, Luxembourg, Germany, France and Italy. The souring sentiment is a... https://www.scmp.com/tech/article/3330059/nexperia-seizure-chinese-investors-grill-companies-european-units-after-dutch-move?utm_source=rss_feed https://www.scmp.com/tech/article/3330059/nexperia-seizure-chinese-investors-grill-companies-european-units-after-dutch-move?utm_source=rss_feed Thu, 23 Oct 2025 13:00:13 +0000 Coco Feng Coco Feng A Chinese firm under chipmaker Nexperia has openly challenged its Netherlands-based head office, accusing it of spreading misinformation to customers and further raising tensions in a dispute that could affect the stability of global industrial supply chains. Nexperia (Shanghai), one of nine China-registered entities under the Dutch company, asserted its independent operational status in a public letter to customers on its WeChat account, published in both English and Chinese, on Thursday. The... https://www.scmp.com/tech/big-tech/article/3330052/nexperia-china-accuses-dutch-head-office-spreading-misinformation-customers?utm_source=rss_feed https://www.scmp.com/tech/big-tech/article/3330052/nexperia-china-accuses-dutch-head-office-spreading-misinformation-customers?utm_source=rss_feed Thu, 23 Oct 2025 08:31:06 +0000 Finbarr Bermingham Finbarr Bermingham The Dutch government believed chipmaker Nexperia’s Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world. Earlier this month, authorities seized control of Nexperia’s management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. In response, China’s Ministry of Commerce on October 4 imposed export controls on Nexperia’s Chinese subsidiary and its... https://www.scmp.com/news/china/diplomacy/article/3329476/dutch-seized-nexperia-over-fears-chinese-owners-planned-move-chip-production-china?utm_source=rss_feed https://www.scmp.com/news/china/diplomacy/article/3329476/dutch-seized-nexperia-over-fears-chinese-owners-planned-move-chip-production-china?utm_source=rss_feed Fri, 17 Oct 2025 16:32:58 +0000