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Reuters reported that the trump administration plans to announce that dutch chipmaker nexperia's china facilities will resume shipments, citing a source. The dutch government expects nexperia's chinese unit to resume chip supplies in the coming days, according to a statement from dutch economic affairs minister vincent karremans. The dutch government in late september took control of nexperia, which is based in the netherlands but owned by chinese company wingtech technology, citing national security concerns

In response, china blocked shipments of chips from nexperia’s plant in the southern chinese city of dongguan, though it has now allowed those exports to resume. The sources in the hague said nexperia former ceo zhang xuezheng, who is also the founder of nexperia's chinese parent company wingtech (600745.ss), had planned to lay off 40% of staff in europe. Today provides an important update on recent developments affecting its global operations, governance, and supply chain

The company remains fully committed to transparency, business continuity, and the interests of its customers, suppliers, employees, and stakeholders worldwide.

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