Dutch government seizes control of Chinese-owned chipmaker Nexperia (www.politico.eu)
from IndustryStandard@lemmy.world to world@lemmy.world on 13 Oct 2025 10:57
https://lemmy.world/post/37287994

BRUSSELS — The Dutch government has granted itself the power to intervene in company decisions at Dutch-based Chinese-owned chipmaker Nexperia.

The highly unusual step, announced late Sunday, grants the country the power to “halt and reverse” company decisions — meaning Nexperia cannot transfer assets or hire executives without Dutch government approval, according to national media.

The move is a significant escalation in relations between the Netherlands and China and could inflame wider trade tensions between Beijing and the European Union, with Europe caught in the middle of a tit-for-tat chips war between the U.S. and China.

#world