Netherland seizes Nexperia

ftan42

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The Dutch government has temporarily taken administrative control of Nexperia, a company owned by China's Wingtech, under a national emergency law. This action was prompted by concerns over governance issues and potential risks to the European semiconductor supply chain.
The Chinese believe that this action aligns with broader U.S. and allied efforts to restrict China's access to and advancement in critical semiconductor technology.
The conflict has rapidly affected global supply chains, causing disruptions to European car manufacturers' production lines that depend on Nexperia's chips.
 
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