A forced takeover of semiconductor assets initiated by the Netherlands is setting off a turbulent wave in the global industrial chain.
At the end of September 2025, the Netherlands suddenly implemented a forced takeover of Chinese-controlled Nexperia in accordance with the "Material Supply Law", frozen their global assets, and suspended the management position of the founder of Wingtech Technology.
This move also quickly caused a big chain reaction: China's Ministry of Commerce issued an announcement on October 4th, prohibiting Nexperia's subsidiaries and subcontractors in China from exporting components and components of specific products.
This appears to be a partial business dispute, in fact a miniature of the global semiconductor industry chain geo-game, whose impact wave is spreading from the Netherlands to the European automotive industry.
Behind the game: American Factors
The timing of this Dutch action is very interesting. On September 30, coinciding with the day before China's National Day, the Dutch side defended their actions on corporate governance flaws and maintaining supply chain security.
According to the Annual Report of Zhou Tai Technologies 2024, as the core asset of Zhou Tai Technologies acquisition in 2019, the operating income in 2024 is 147.15 billion yuan, long-term semiconductor products to provide key power to several internationally renowned enterprises.
According to the news released at the press conference of China's Ministry of Commerce on October 16th, in fact, the driving force behind it is gradually emerging. The United States once requested the Netherlands to replace the Chinese CEO of Nexperia and adjust the governance structure.
This move is in line with the U.S. inclusion of ZTE into the entity list in December 2024 and the U.S. Department of Commerce's release of affiliate rules in September 2025.
The reality of the industrial chain: interdependence pattern
The forced takeover action of the Netherlands has ignored a reality of a high degree of integration of the global semiconductor industry chain. Anselm Semiconductor has occupied a significant share of the global vehicle standard MOSFET market and is a key supplier of BMW, Volkswagen, General Motors and other automobile giants.
According to data from the China Semiconductor Industry Association’s White Paper for 2024, Anselmo’s automotive electronics business share is up to 45 percent.
In the first half of this year, China's share of semiconductor revenue is 48%, which is almost half.
According to the statistical communiqué of the General Office of Customs for 2024, China's position in the global chip industry is no longer to be ignored, and China is already the world's largest chip exporter.
At the same time, Dutch enterprises also have deep interests in the Chinese market. According to ASML2024 annual report data. ASML alone will have a revenue of 79.442 billion yuan in China in 2024, accounting for 36.1% of their global revenue.
Precise countermeasures: export controls take effect
In the face of the Netherlands 'actions, China's Ministry of Commerce quickly took countermeasures. On October 4, China's Ministry of Commerce issued an export control notice prohibiting Anshi Semiconductor's subsidiaries and subcontractors in China from exporting specific products, components and components.
This countermeasure is also accurately hit a key link in the supply chain. According to the information of Zhou Tai Technology company, Anse Semiconductor in Guangzhou has a packaging assembly production base of 80,000m2, where China's production capacity occupies an important position in the global supply chain system.
China's counter-measures are not an isolated incident. On October 19th, China's Ministry of Commerce also issued new export control regulations on rare earths. This time correlation triggered widespread international speculation about the strategic intention of the Dutch measures.
Industrial impact: European car companies are under pressure
According to the IC Insights 2025 report, the export restrictions imposed by the Chinese team Nexperia quickly produced a chain reaction. Since Nexperia is the third largest high-power semiconductor manufacturer in the world, their products can be said to be crucial to the automotive industry chain of.
The implementation of the export ban has also caused hundreds of millions of dollars of goods piled up in Nexperia's warehouse to be unable to be shipped, and the production lines of many European car companies are facing the risk of shutdown.
According to a Reuters report in October 2025, a BMW city alone loses €1 billion a month due to lack of chips, a data that also highlights the significant impact of semiconductor supply chain disruptions on the downstream industry.
16 European car companies have already jointly warned that if the supply of chips continues, the production line will be forced to shut down, and the German Automobile Industry Association has called for the immediate resumption of negotiations on a China-Europe investment agreement.
The Future: Collaboration is the Way Out
In the short term, the Anchor Semiconductor incident can be solved by stable operation + diplomatic venture, and Zhou Tai Technology is alsoining its own control through legal means to ensure the normal production of the Chinese base.
In the long run, may need to split up some of their in places that are not bound by U.S. technology, such as Singapore, Malaysia and other countries.
This event is also accelerating the process of autonomous semiconductor industry in China, for example, Shandong Micro announced on October 19 that it will invest 20 billion yuan in the manufacturing line for a 12-inch high-end analogue chip in Xiamen.
At the same time, the 2025 Bay Area Semiconductor Industry Ecological Expo brought together more than 600 companies from more than 20 countries and regions around the world, demonstrating the vitality and cooperation potential of China's semiconductor industry.
BMW loses billions of euros per month because of the lack of chips, and European car companies are pressured to join forces, as Asma holds 29 percent of its global deliveries in mainland China.
Therefore, this manipulation method will meet the normal economic laws and will eventually reflect itself, and in this era of deep fusion of the chip industry chain, any "zero-sum game" thought is outdated.
So what better way do you think we can solve the problem of the Nexperia incident? Feel free to share your views in the comments section.
(The data sources in this article are all official public materials, including annual reports of listed companies, statistics from industry associations and announcements from government departments to ensure the authenticity and credibility of the information)