Dutch Government Seizes Control of Chinese-Owned Chipmaker Over ‘Shortcomings’
In a statement late Sunday, the Dutch ministry of economic affairs said it had invoked the rarely used Goods Availability Act to intervene in the business of Nexperia, which makes semiconductors used in the automotive and consumer technology industries. Nexperia based in the Dutch city of Nijmegen but owned by China’s Wingtech Technology. Concerns about…
