The Dutch government took control of Nexperia on September 30 due to concerns about its Chinese parent Wingtech. The Chinese commerce ministry’s accusation of continued Dutch inaction on the dispute underscores the difficulty of the Netherlands and China agreeing to a long-term solution for the ownership of Nexperia, which makes large volumes of basic chips used in cars.

“The Dutch side continues to act unilaterally without taking concrete steps to resolve the issue, which will inevitably exacerbate the adverse impact on the global semiconductor supply chain,” China’s commerce ministry said in a statement published on its official website.

“This is something neither China nor the global industry wishes to see.”

A Spokesperson for the Dutch Economic Affairs Ministry, which intervened in Nexperia’s governance, told Reuters that talks between both governments were still underway.

“We remain in contact with the Chinese authorities and our international partners to work toward a constructive solution that is good for Nexperia and our economies,” the Spokesperson said on Tuesday.

–Reuters–