BEIJING/AMSTERDAM, Nov 4 (Reuters) - China's commerce
ministry on Tuesday accused the Netherlands of not working with
Beijing to resolve the dispute surrounding the Dutch
government's seizure of chipmaker Nexperia and warned of further
supply chain disruptions as a result.
The Dutch government took control of Nexperia on September
30 due to concerns about its Chinese parent Wingtech
.
The Chinese commerce ministry's accusation of continued
Dutch inaction on the dispute underscores the difficulty of the
Netherlands and China agreeing to a long-term solution for the
ownership of Nexperia, which makes large volumes of basic chips
used in cars.
"The Dutch side continues to act unilaterally without
taking concrete steps to resolve the issue, which will
inevitably exacerbate the adverse impact on the global
semiconductor supply chain," China's commerce ministry said in a
statement published on its official website.
"This is something neither China nor the global industry
wishes to see."
A spokesperson for the Dutch economic affairs ministry,
which intervened in Nexperia's governance, told Reuters that
talks between both governments were still underway.
"We remain in contact with the Chinese authorities and our
international partners to work toward a constructive solution
that is good for Nexperia and our economies," the spokesperson
said on Tuesday.
Beijing's warning of further disruptions comes as
European automotive suppliers rush for exemptions to Chinese
export restrictions on Nexperia products made in China that were
imposed days after the Dutch government's seizure.
While most of Nexperia's chips are produced in Europe,
around 70% are packaged in China before distribution.
The resulting chip shortages have threatened to halt
assembly lines and lead to worker furloughs in Europe.
Industries dependent on Nexperia's chips are waiting for a
political solution to the trade dispute after the White House
announced last week, following talks between U.S. President
Donald Trump and Chinese President Xi Jinping, that Beijing
"would take appropriate measures to ensure the resumption of
trade from Nexperia's facilities in China."
EU trade chief Maros Sefcovic said on Monday that there had
been "progress" in talks on Nexperia involving the Dutch and
Chinese governments, without elaborating further.