China to Resume Nexperia Chip Exports, Easing Supply Chain Concerns for European Auto Industry

China has agreed to restart exports of semiconductor components from Nexperia's Chinese facilities, signaling relief for Europe's manufacturing sector. The Dutch government will relinquish emergency oversight of Nexperia—a Wingtech Technology subsidiary—once shipments resume and supply chains stabilize.

Dutch Prime Minister Dick Schoof confirmed the development during a climate summit in Brazil, calling it "important news" for European industries. The MOVE particularly benefits Germany's automotive sector, which faced production slowdowns due to the export restrictions. While delivery timelines remain unclear, the policy shift removes a critical bottleneck for carmakers reliant on these chips.

Bloomberg reports the Netherlands could lift its temporary control measures as early as next week if logistical conditions are met. The resolution follows months of strained trade relations over semiconductor access, with the auto industry serving as collateral damage in broader geopolitical tensions.