Chinese Owners Locked Out of Dutch Chip Maker Nexperia
Dutch Ministry Invokes National Security Law to Impose Domestic Control
The Dutch government said it is severing semiconductor chipmaker Nexperia from control by its Chinese parent after invoking a national security law allowing it to impose domestic control. Partially Chinese state-controlled Wingtech Technologies acquired a three quarters stake in Nexperia in 2018.
The Dutch government said it is severing semiconductor chipmaker Nexperia from control by its Chinese parent after invoking a national security law allowing it to impose domestic control. Partially Chinese state-controlled Wingtech Technologies acquired a three quarters stake in Nexperia in 2018.