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)