A reporter asked: Recent media reports indicate that Nexperia's Dongguan plant currently has low wafer inventory levels, which has begun to cause chip shortages for both domestic and foreign automakers in China. What is your comment on this? Additionally, last week, Wingtech Technology Co., Ltd. held discussions with Nexperia Netherlands. What is the progress of these negotiations?
Response: I have taken note of the media reports you mentioned. The Chinese government, acting responsibly toward the global semiconductor supply chain, has implemented practical measures to exempt compliant chips for civilian use from export restrictions. These steps have created necessary conditions for stabilizing and facilitating the semiconductor supply chain, while also urging companies to resolve internal disputes through negotiations as soon as possible.
It is understood that representatives from Wingtech Technology Co., Ltd. and Nexperia Netherlands held their first round of discussions last week. Both sides explained and clarified their respective concerns and agreed to maintain further communication. China calls on the relevant companies to negotiate on issues of control and supply chain restoration, ensuring the recovery of the global semiconductor supply chain.
I reiterate that the root cause of the Nexperia semiconductor issue lies in the Dutch government's improper administrative interference in corporate operations. As an old Chinese saying goes, "Whoever tied the bell must untie it." To fully alleviate global concerns about chip shortages, the Dutch government should immediately revoke its administrative order, facilitate the withdrawal of lawsuits by former Nexperia Netherlands executives from corporate courts, create favorable conditions for negotiations, and swiftly restore chip supplies to automakers—both domestic and foreign—in China. This would fulfill the Netherlands' responsibility in restoring the security and stability of the global semiconductor supply chain.
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