Nexperia China Denounces Dutch Wafer Supply Suspension Amid Payment Dispute
Nexperia China Denounces Dutch Wafer Supply Suspension Amid Payment Dispute

Nexperia China Denounces Dutch Wafer Supply Suspension Amid Payment Dispute

News summary

Nexperia's Chinese unit has strongly refuted claims made by its Dutch headquarters regarding a breach of contractual payment terms, describing these allegations as fabricated and malicious defamation. The Dutch parent company suspended wafer shipments to the Chinese assembly plant, citing payment issues, which the Chinese division says is a unilateral and irresponsible action that undermines customer trust and violates agreements. Despite the suspension, Nexperia China asserts it has sufficient inventory and multiple contingency plans, including qualifying new wafer suppliers, to maintain stable production and meet customer demand through the end of the year and beyond. The dispute follows concerns raised by Dutch authorities about technology transfer and has heightened tensions affecting global supply chains, particularly in the automotive sector. China’s Ministry of Commerce condemned what it sees as Dutch government interference, warning of risks to globalization and bilateral trade. The Chinese unit also highlights that the Dutch side currently owes over 1 billion yuan to the Chinese assembly facility, complicating the financial dispute.

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