If chip exports resume in the Netherlands or no longer take over Ansei Semiconductor

Insiders have revealed that if key chip exports are restored, the Netherlands will cease its takeover of Ansea Semiconductor.

After the Dutch government took over European chip manufacturer Nexperia, China temporarily banned Nexperia from exporting specific finished components. Insiders have revealed that if key chip exports are restored, the Netherlands will cease its takeover of Ansea Semiconductor.

Bloomberg quoted sources as saying that if chip supply is restored and verified in the coming days, the Dutch government may suspend its takeover of Ansea Semiconductor as early as next week. However, the financial issues between Anshi Semiconductor and the company’s business in China still need to be further resolved.

Previously, the Dutch Ministry of Economic Affairs released a statement on Thursday evening (November 6th) stating that Ansea Semiconductor’s Chinese subsidiary will resume chip supply in the coming days.

On September 30th of this year, the Dutch government froze China Wentai Technology’s control over Anshi Semiconductor for one year on the grounds of national security, which is equivalent to the Dutch government taking over the company. In response, the Chinese Ministry of Commerce announced on October 4th that it would ban the export of specific finished components from Anshi China.

Although the Chinese Ministry of Commerce announced on November 1st that it would exempt eligible exports, the relationship between Anse Netherlands headquarters and its Chinese subsidiary has become increasingly tense after the implementation of export controls. The Chinese subsidiary temporarily suspended shipments, and Anshi headquarters also suspended wafer supply to Chinese factories. This series of developments has made car manufacturers feel anxious.

Anshi Semiconductor is an important power control chip supplier for car manufacturers such as BMW and Volkswagen. The European Automobile Manufacturers Association warns that if the dispute cannot be resolved for a long time, European car manufacturers may be forced to shut down production within a few days, as the shortage of Anse chips could lead to assembly line shutdowns.