00:00China has warned that the Netherlands' seizure of chipmaker Nexperia could disrupt the global semiconductor supply chain.
00:08Beijing accused the Dutch of acting unilaterally and failing to resolve the dispute.
00:15In a statement on Tuesday, the Chinese Commerce Ministry said the move could worsen the impact on global supply
00:21and called for cooperation to prevent further damage.
00:25The Chinese Commerce Ministry said talks have stalled as both sides struggle to find common ground on the future of Nexperia,
00:34a Dutch company owned by China's Wintech Technology.
00:37On September 30, the Netherlands took control of Nexperia, citing national security concerns over its Chinese ownership.
00:45Nexperia produces large volumes of basic chips used in cars and industrial electronics,
00:50making it a key player in Europe's manufacturing sector.
00:53The dispute has already spilled over into trade,
00:56with Beijing imposing export restrictions on Nexperia products made in China on October 4,
01:01leaving European automakers facing shortages and possible factory shutdowns.
01:06While most of Nexperia's chips are produced in Europe,
01:10about 70% are packaged in China before global distribution.
01:14The White House has also urged Beijing to ensure the resumption of trade from Nexperia's facilities in China,
01:20following recent talks between President Donald Trump and Chinese leader Xi Jinping.
01:24are anchored in the
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