Dutch semiconductor company Nexperia welcomed the U.S. authorities’ decision to suspend the so-called “penetration rule” for one year, according to a statement updated on its website on Wednesday.

The company also expressed support for China’s efforts to restore exports from its Nexperia China plant and associated foundries, emphasizing the importance of ensuring that key mature-process chips continue to reach the global market. Nexperia said it looks forward to receiving further details on the conditions, standards, and procedures for eased export restrictions.

The update follows a partial supply disruption on October 29, 2025, when Nexperia China reportedly refused to pay for wafer shipments, prompting the company to suspend direct wafer supply to the plant. Nexperia clarified that wafer shipments were not fully halted and that all other plants in Europe and Asia remain in normal operation.

Additionally, Nexperia denied reports that Zhang Xuezheng has resumed his role as CEO, noting that strategic company decisions, including relocating business units or dismissing executives, require approval from the Dutch government and will continue to be governed under this oversight for one year.