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EU tech chief Virkkunen to meet chipmaker Nexperia amid supply worries
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EU tech chief Virkkunen to meet chipmaker Nexperia amid supply worries
Oct 30, 2025 10:38 AM

BRUSSELS, Oct 30 (Reuters) - EU tech chief Henna

Virkkunen will meet chipmaker Nexperia on Friday, she said on X,

amid concerns about a deepening supply squeeze linked to the

Dutch company.

"Tomorrow meeting @Nexperia. Important lessons being drawn

for our #ChipsAct 2.0 foreseen beginning of 2026," Virkkunen

said on X.

She had hosted virtual meetings with the CEOs of Infineon

, STMicroelectronics, NXP and Acea

earlier on Thursday.

Nexperia, owned by Chinese company Wingtech, has

been in the spotlight after the Dutch government earlier this

month took control of the company.

Sources say this was prompted by worries that its former CEO

was dismantling the company's European operations and moving

production to China.

Beijing subsequently responded by blocking Nexperia products

from leaving China, prompting the Netherlands-based company to

tell carmakers it could no longer guarantee supplies. That

triggered nervousness in other sectors as well.

Nexperia makes basic power control chips such as transistors

and diodes. These cost only a few cents to buy, but are needed

in almost every device that uses electricity and are ubiquitous

in cars to connect the battery to motors, for lights and braking

systems.

Europe adopted the 43 billion euro ($50.15 billion) EU Chips

Act in 2023, aimed at doubling the bloc's share of global chip

output to 20% by 2030 and reducing its reliance on foreign

chipmakers.

The European Commission will review this legislation next

year, and has tentatively called it Chips Act 2.

($1 = 0.8575 euros)

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