EU Hails ‘Progress’ in Nexperia Talks With China as Dutch Seizure Stirs Chip Supply Debate

The European Union’s chief trade negotiator said that he ‘welcomed progress on Nexperia, key to restoring a semiconductor supply chain.’

A Nexperia employee holds a box with wafers in a production line in Hamburg, Germany, on June 27, 2024. REUTERS/Fabian Bimmer/File Photo

The European Union on Nov. 3 hailed the “progress” that has been made amid the ongoing dispute between the Netherlands and China over chipmaker Nexperia.

Maros Sefcovic, the European commissioner for trade and economic security, as well as interinstitutional relations and transparency, said that he “welcomed progress on Nexperia, key to restoring a semiconductor supply chain.”