Dutch government seizes control of Chinese-owned chipmaker Nexperia

cnbc.com

The Dutch government has taken control of Chinese-owned chipmaker Nexperia to ensure the availability of critical chips in Europe. This "highly exceptional" move was made under the Goods Availability Act due to concerns about governance and potential threats to European economic security and technological capabilities. The intervention follows rising U.S.-China trade tensions and recent Chinese export restrictions, impacting Nexperia's parent company, Wingtech.


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