Published: Oct 25, 2025, 19:38 IST | Updated: Oct 25, 2025, 19:38 IST
The Dutch economy minister spoke to his Chinese counterpart on Tuesday but failed to find a solution to an impasse over chipmaker Nexperia BV, as Germany's car industry warned it faces possible production shortages if the situation is not resolved quickly.
The Dutch government seized control of Nexperia last month, citing fears the company's technology would be taken by its Chinese owner, Shanghai-listed Wingtech (600745.SS), opens new tab. China, where most of Nexperia's chips are packaged, responded by blocking exports of the company's finished products, alarming European carmakers that rely on them.