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EU's trade chief sees progress in Nexperia talks
Published by Global Banking & Finance Review®
Posted on November 3, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 3, 2025
1 min readLast updated: January 21, 2026
EU Trade Commissioner reports progress in Nexperia talks with the Netherlands and China, crucial for stabilizing the semiconductor supply chain.
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)
Technology transfer refers to the process of sharing or disseminating technology from one organization or country to another, often involving the transfer of knowledge, skills, and manufacturing techniques.
Export control barriers are regulations that restrict the export of certain goods, technology, or information to other countries, often for national security or foreign policy reasons.
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