Wingtech Shares Jump 6% as China and Netherlands Move Toward Resolution in Nexperia Dispute

Wingtech Technology’s stock climbed as much as 6.4% on Monday, extending a 9.7% rally from late last week, after China said it would resume discussions with the Netherlands over the future of Nexperia, its Dutch-based semiconductor subsidiary. The talks come amid efforts to defuse a dispute that had threatened global car production.

China’s Ministry of Commerce announced on Sunday that it would permit exports of certain chips from Nexperia’s facilities in China while urging the European Union to press the Dutch government to lift restrictions on the company. A day earlier, Beijing confirmed it had accepted a Dutch proposal for face-to-face talks, expressing hope for “constructive solutions” to resolve the standoff.

Dutch Economic Affairs Minister Vincent Karremans said last week that shipments of Nexperia chips to European customers would soon resume, crediting “constructive discussions” with Chinese officials. The dispute began when the Dutch government seized control of Nexperia on September 30, citing national security concerns over its ownership by Wingtech.

The situation had raised fears of a global auto chip shortage, with Volkswagen warning of production risks and Honda cutting its profit forecast after halting several assembly lines. Automakers including Stellantis set up “war rooms” to monitor the situation and secure alternative suppliers.

Analysts said the renewed dialogue reflects Beijing’s effort to stabilize ties with the Netherlands, especially given the strategic importance of ASML Holding, the Dutch maker of advanced chip equipment that has been central to U.S.–China trade tensions.

Barclays analysts said suppliers have begun receiving chips from China again, though they cautioned that inventories remain tight and disruptions could persist. The long-term resolution of Nexperia’s ownership dispute remains uncertain.