The Netherlands lifts controls on Nexperia, easing tensions with China.

The Dutch government has decided to return control of Nexperia to its parent company, Wingtech Technology, in an effort to ease tensions with China. Dutch Minister for Economic Affairs Vincent Karremans stated that the Dutch government's previous power to block or modify decisions regarding Nexperia has been revoked. This dispute has impacted global car production, involving several automakers including Honda and Volkswagen.