Shanghai — Shares of Wingtech Technology, the Chinese parent of Dutch chipmaker Nexperia, rose more than 6 per cent on Monday after Beijing signaled a possible easing of trade tensions with the Netherlands, raising hopes of improved chip supplies for global automakers.
According to data from LSEG, Wingtech’s shares jumped as much as 6.4 per cent in early trading after gaining nearly 10 per cent late on Friday. The rally came after China’s Ministry of Commerce said it had taken steps to allow exports of certain chips from Nexperia’s China plant and agreed to hold further talks with a Dutch delegation.
Beijing also urged the European Union to encourage the Dutch government to lift restrictions on Nexperia, which have disrupted global semiconductor supplies. The Dutch Ministry of Economic Affairs confirmed it would send officials to Beijing for discussions, with Minister Vincent Karremans saying chip shipments to Europe would resume soon following “constructive” talks with Chinese authorities.
The Netherlands seized control of Nexperia on September 30, citing security concerns that its operations could be moved to China, where its parent company Wingtech is based. In response, Beijing blocked component exports from Nexperia’s Chinese facilities, escalating supply chain fears.
The move had triggered alarm across the global automotive industry. Companies such as Volkswagen and Honda warned of production risks, while others, including Stellantis, set up emergency task forces to secure chip supplies.
Analysts said Monday’s developments marked a tentative step toward normalization. “Beijing appeared unwilling to gamble with relations with the Netherlands,” said Neo Wang, China strategist at Evercore ISI. “Given the Netherlands’ role as home to ASML, the world’s top chipmaking equipment supplier, maintaining dialogue is critical.”
The recent progress followed an October 30 trade truce between China and the United States, which eased some export restrictions. According to analysts at Barclays, suppliers have begun receiving Nexperia chips again, though shortages could persist in the near term.
Wingtech’s rebound helped lift broader sentiment in China’s technology sector, though observers cautioned that the relief may be temporary unless the underlying dispute over Nexperia’s ownership is fully resolved.
