EU’s trade chief sees progress in Nexperia talks

BRUSSELS (Reuters) -European Trade Commissioner Maros Sefcovic said on Monday that talks over the Dutch chipmaker Nexperia, which involve the Netherlands and China, were advancing.

The EU trade chief said he “welcomed progress on Nexperia, key to restoring a semiconductor supply chain” in a post on X.

He added that work “continues towards lasting stability without export control barriers and with a diversified EU ecosystem”.

Last month, Dutch government took control of the Netherlands-based chipmaker, citing fears of possible technology transfer to Chinese parent company Wingtech. This sparked a diplomatic spat between the EU and China and threats to chip supply to the European auto industry.

(Reporting by Inti Landauro; editing by Philip Blenkinsop)

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