AMSTERDAM, ASML CEO Christophe Fouquet says tensions between the Netherlands and China over the Dutch government’s takeover of Nexperia have not impacted the chip-equipment manufacturer.
“It will not affect our business in the short term,” Fouquet said in a Dutch television interview. He added that he believes the worst phase of the dispute has already passed.
The conflict began after the Dutch state seized Nexperia, citing concerns about the transfer of sensitive technology to China. The move triggered a standoff between Nexperia’s European operations and its Chinese plant. The disagreement has disrupted the supply of Nexperia’s chips, which remain essential to global carmakers.
Fouquet urged both governments to keep communication open. “What is key on this topic is to talk before you escalate, and maybe this time it went the other way around,” he said.
A Dutch delegation is expected to travel to China next week to continue discussions and seek a resolution.
Also Read: Hyundai Motor Announces $86 Billion Investment in South Korea After New US Trade Deal





