Wingtech shares jump as Beijing, Netherlands signal easing of Nexperia export dispute

Shares of Wingtech Technology, the Chinese parent company of chipmaker Nexperia, surged as Beijing signalled a thaw in trade tensions with the Netherlands and moved to ease restrictions on semiconductor exports.

• China’s Commerce Ministry said it would allow the export of certain chips from Nexperia’s China facility.
• The ministry also urged the European Union to press the Dutch government to lift restrictions on the firm.
• In a weekend statement, Beijing said it had agreed to a Dutch request for official talks in Beijing, expressing hope that the Netherlands would take “constructive actions” to resolve the dispute “soon.”
• The move followed remarks from Dutch Economic Affairs Minister Vincent Karremans, who said Nexperia chips would resume reaching customers “in the coming days” after “constructive” discussions with Chinese officials.

The diplomatic progress comes after the Dutch government seized control of Nexperia on September 30, citing national security concerns that the chipmaker could transfer sensitive technology to China through its owner, Wingtech. Beijing’s subsequent retaliation — blocking component exports — had sparked fears of a global auto supply crunch.

Monday’s market reaction suggests investors see a path toward reconciliation, helped by a broader trade understanding reached last month among China, the U.S., and the Netherlands, paving the way for Nexperia to resume exports to Europe and other markets.