Dutch Economy Minister Vincent Karremans held talks with Chinese Commerce Minister Wang Wen-tchao on Tuesday about computer chip maker Nexperia, which the Dutch government took control of last month. The talks focused on finding a solution that would suit the interests of all parties involved, the Dutch minister said. TASR reports on this based on a report by Reuters.

The Dutch government took control of Nexperia, a company that supplies computer chips to the automotive and consumer electronics industries, in late September, citing concerns about the potential transfer of key technology to its Chinese parent company Wingtech. Nexperia subsequently announced that it was barred from importing certain goods from China following a decision by the Beijing government. A few days later, the company warned automakers and their suppliers that it could not guarantee chip supplies under current conditions.

Carmakers in Europe are warning of a looming shortage of chips used in the industry if a dispute is not resolved soon. Without chips from Nexperia, European automotive suppliers cannot produce the parts and components needed to supply vehicle manufacturers, and production is at risk, the European Automobile Manufacturers' Association (ACEA) said last week.

Volkswagen Group is set to suspend production of some models at its Wolfsburg plant due to a shortage of computer chips caused by a dispute over chipmaker Nexperia, Reuters reported on Tuesday, citing Bild newspaper.

A Volkswagen Group spokesman told Reuters that production of the Golf and Tiguan models was planned to be suspended this week, but that the suspension was not related to Nexperia, which is at the center of a dispute that is threatening global supply chains in the auto industry.

Nexperia is a subsidiary of Chinese company Wingtech. The Dutch government took control of it in late September, citing concerns about the possible transfer of key technology to Wingtech's Chinese parent company. Nexperia subsequently announced that it would not be allowed to import certain goods from China from October 4, following a decision by the Beijing government. A few days later, the company warned automakers and their suppliers that it could not guarantee chip supplies under current conditions.