China has called on the European Union to step up efforts in resolving a semiconductor supply chain dispute involving the Netherlands, emphasizing the need to safeguard global tech stability. 🚨 The Ministry of Commerce (MOFCOM) stated Sunday that the Netherlands must 'promptly correct its wrong practices' to ensure normal supply of products linked to Nexperia, a key semiconductor manufacturer.
The remarks follow a social media post by EU Trade Commissioner Maroš Šefčovič addressing the issue. MOFCOM stressed that the Netherlands bears responsibility for current disruptions, which have rippled through industries reliant on chips—from smartphones to electric vehicles. 📱🔋
China has already taken steps to stabilize the supply chain by exempting compliant civilian-use exports from licensing requirements. 💡 MOFCOM urged the EU to leverage its influence, highlighting cooperation as 'vital for a balanced global tech ecosystem.'
With semiconductors powering everything from AI to gaming consoles, this dispute underscores the high stakes of international trade policies. 🎮🌍 Analysts say resolving tensions could prevent further delays in tech innovation and consumer markets.
