Wingtech Soars 6% as China Softens Stance in Nexperia Export Standoff
Beijing blinks—semiconductor stocks rally.
Wingtech’s shares surged 6% after Chinese regulators hinted at de-escalating the Nexperia export dispute. The move signals a rare conciliatory gesture in Beijing’s tech war playbook—either that, or someone remembered trade wars tank GDP.
Subheader: Chips Down, Markets Up
The partial thaw follows months of export restrictions that squeezed global chip supplies. Wingtech, a key Nexperia supplier, now rides the relief rally—proving once again that in geopolitics, money talks louder than ideology.
Closing jab: Traders cheer ‘progress’ while ignoring China’s 83% tech import dependency. Some things never change—like Wall Street’s selective blindness.
Beijing agrees to host Dutch officials for further talks
China’s statement said Beijing expects the Dutch side to bring “constructive solutions” and take “concrete actions” so the dispute can be resolved soon.
This response came after Dutch Economic Affairs Minister Vincent Karremans said on Thursday that chips made by Nexperia WOULD start reaching customers in Europe and beyond within days.
He pointed to the “constructive nature of our talks with the Chinese authorities” and linked the progress to cooperation between China, the United States, and the European Commission.
According to Karremans, both China and the U.S. had told the Netherlands that the recent trade agreement they reached would allow the restart of shipments from Nexperia’s Chinese production lines. He said this also aligned with information shared by the European Commission and China’s Commerce Ministry.
Automakers put operations on alert amid supply concerns
The conflict caused heavy stress across the global auto industry, which depends on these chips. Volkswagen warned that production could face disruptions.
Honda cut its yearly profit outlook after stopping output at some of its plants because parts were not available. Stellantis said it set up internal “war rooms” to monitor chip availability and search for other suppliers to avoid shutdowns.
Analysts linked this entire situation to worsening political pressure between China and the U.S. NEO Wang, a strategist at Evercore ISI, said the clash over Nexperia was the “direct result” of rising tension and trade controls.
In late September, the U.S. expanded its entity list, which blocks trade with firms seen as risks to national security or foreign policy.
That expansion targeted subsidiaries owned 50% or more by any company already blacklisted. Nexperia, being owned by Wingtech, was caught under these updated rules.
After Beijing and Washington reached a temporary trade truce on October 30, both sides reduced some restrictions. Soon after, China announced it would allow Nexperia’s China unit to restart shipments to international customers.
However, analysts noted the situation is still fragile. ASML Holding, the Dutch company that makes the world’s most advanced chipmaking machines, sits in the middle of U.S.-China tensions.
Washington has been pushing the Dutch government to restrict ASML’s exports to China, making this dispute even more sensitive.
A Barclays note from analysts led by Dan Levy said suppliers had already begun receiving shipments, but warned that low chip inventories could still cause delays.
They added the relief looks temporary, since the Core conflict between Nexperia’s Dutch headquarters and its China-based operations has not been solved.
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