New Developments Emerge in the Nexperia IncidentAccording to Dutch media including De Telegraaf and Reuters, Dutch Minister of Economic Affairs and Climate Policy Micky Adriaansens stated on December 2 (local time) that she has canceled her scheduled visit to China in December due to discrepancies in the two sides’ schedules. Reports indicate Adriaansens originally planned to travel to China to hold further consultations on resuming chip supplies and so-called "security issues."
By reading this article, you will learn: What are the latest changes in the Nexperia incident? How is the spot market performing now?
Source: Dutch Government Official Website
01 Latest Updates on Nexperia
On December 2 (local time), Dutch Minister of Economic Affairs and Climate Policy Micky Adriaansens sent a letter to the Dutch Parliament, announcing the cancellation of her planned December visit to China due to scheduling conflicts.
In the letter, Adriaansens noted that while the visit is temporarily canceled, she will travel to China in the near future if the situation regarding Nexperia warrants it, with a new date yet to be determined. She also wrote: "I have reached a consensus with the Chinese side on this matter."
Adriaansens is expected to attend a debate on the Nexperia incident at the Dutch Parliament on December 4 (local time). The debate was arranged at the explicit request of the Parliament, scheduled ahead of Adriaansens’ original visit date to China.
Source: Dutch Government Official Website
Additionally, Reuters reported that Adriaansens included a timeline of the Dutch government’s takeover of Nexperia on September 30 in her letter.
The timeline shows Adriaansens first learned of issues at Nexperia on September 18, when she received information that the company’s then-management had "advanced significantly" plans to relocate operations to China—an action she claimed poses a threat to Europe’s economic security.
Adriaansens made a preliminary decision to intervene on September 25 but only notified the UK, Germany, the US, and China after the intervention was actually implemented.
Below is a summary of recent information released by official sources and authoritative media since the Nexperia incident:
- November 1: China announced export exemptions for eligible Nexperia products.
- November 2: Nexperia China issued an announcement to customers stating that Nexperia BV (Netherlands) had unilaterally suspended wafer supplies to its Dongguan assembly and testing facility (ATGD) effective October 26, 2025.
- November 7 (local time): The Dutch government stated that China would soon resume chip supplies.
- November 8: China agreed to a request from the Dutch Ministry of Economic Affairs to send a delegation to China for consultations.
- November 13: According to a report by Jiemian News, automotive industry officials revealed that Nexperia’s Dutch subsidiary had not been shipping silicon wafers to its Chinese subsidiaries for assembly.
- November 13: In an interview with The Guardian, Adriaansens expressed "no regrets" about the Dutch government’s decision to take over Nexperia on September 30.
- November 14: Adriaansens announced that a Dutch government delegation would travel to China "early next week" to seek a resolution to issues related to Nexperia, a subsidiary of Chinese company Wingtech Technology.
- November 14: China’s Ministry of Commerce responded to Adriaansens’ remarks in the interview, stating: "China expresses extreme disappointment and strong dissatisfaction with such remarks that confuse right and wrong, reverse black and white, and act arbitrarily." The Dutch Ministry of Economic Affairs declined to comment the same day.
- November 19: Adriaansens posted a statement on social media platform X, announcing the "suspension of intervention in Nexperia."
- November 19: Wingtech Technology issued an announcement stating that its control over Nexperia remains restricted.
- November 19: China’s Ministry of Commerce stated: "China welcomes the Netherlands’ decision to proactively suspend the administrative order on Nexperia, viewing it as a first step in the right direction toward a proper resolution. However, there is still a gap in addressing the root causes of volatility and disruption in the global semiconductor supply chain."
- November 20: Wingtech Technology released a "Statement on the Suspension of the Dutch Ministry of Economic Affairs’ Administrative Order" via its official WeChat public account. The statement noted that while the administrative order has been suspended, the emergency measures issued by the Enterprise Chamber of the Amsterdam Court of Appeal (Netherlands) remain in place. The Dutch Ministry of Economic Affairs is obligated to fully and comprehensively resolve the Nexperia issue, and Wingtech’s legitimate control rights and complete shareholder rights as an investor must be restored.
- November 23: Wingtech Technology released another statement via its official WeChat public account, urging "Nexperia Netherlands to Earnestly Respond, Communicate, and Resolve the Control Issue to Safeguard Global Supply Chain Stability." The statement emphasized that Nexperia Netherlands’ unilateral actions have posed potential threats to the stability of the global semiconductor industry chain. Wingtech called on Nexperia Netherlands to propose constructive and sincere solutions to restore Wingtech’s legitimate control and shareholder rights based on facts and law.
- November 26: China’s Ministry of Commerce stated that the Netherlands’ improper administrative and judicial interventions in Nexperia have not yet been fully lifted.
- November 27: Nexperia BV released an "Open Letter to the Leadership of Nexperia’s Chinese Entities" on its official website, stating that Nexperia "remains committed to constructive cooperation with its Chinese entities and has consistently requested open dialogue to find a path forward for resuming normal supplies." Regrettably, the company added, "Nexperia has not received any substantive response."
- November 28: Wingtech Technology issued an "Official Statement on the Nexperia Control Dispute and Global Semiconductor Industry Chain Stability" via its WeChat public account. The statement criticized Nexperia Netherlands’ November 27 open letter, claiming it contained "numerous misleading false allegations and misinformation," reflecting "a lack of sincerity in resolving the issue by shirking responsibilities and evading key problems." Wingtech emphasized its solemn commitment to addressing the matter.
02 Changes in the Chip Spot Market
A recap of recent trends: Since November, the global chip spot market has generally stabilized, with most participants adopting a wait-and-see approach in the early weeks. Last week, the market remained quiet but saw subtle shifts: available inventory increased (particularly for batches with a production date of 2540+), demand persisted but at lower acceptable prices, and most transactions were driven by foreign trade orders—with some distributors reporting a rise in demand compared to the 观望 period.
For detailed reasons behind the market’s calm regarding Nexperia chips, refer to the recommended reading at the end of this article.
Previously, some large-scale traders continued selective restocking, leading to divergent transaction trends across different part numbers: individual models maintained high prices, while other distributors noted that quotes for some chips had fallen back to historical levels. Market quotes were fragmented, with significant gaps between asking prices and transaction prices. Meanwhile, agents reported that order demand had been somewhat suppressed due to price hikes by original manufacturers.
This week’s chip spot market conditions are largely unchanged from last week, with demand gradually recovering following the wait-and-see phase. Overall demand remains significantly lower than during the peak boom period, but transactions are still occurring—primarily driven by foreign trade. While transaction prices have declined, some part numbers continue to command high prices, and market interest remains strong.
Distributors have reported mixed experiences:
- Some traders note that demand remains weak, believing that only specific high-demand part numbers present opportunities in the current market.
- Those focusing on large-scale foreign trade clients report a decrease in demand this week.
- Distributors with advantageous Nexperia inventory report robust transaction volumes over the past two weeks, with some indicating stronger demand this week compared to last.
Synthesizing current information, the overall market situation has not changed significantly from last week. While the Dutch government’s suspension of the "ministerial order" has eased short-term tensions, the earlier administrative and judicial interventions against Nexperia have not been fully lifted, and the core issue of wafer supply remains unresolved. Market sentiment is gradually shifting from wait-and-see to recovery, with prices and transactions showing divergent trends.
