The Dutch government has intervened exceptionally to take control of Nexperia, an important chip manufacturer owned by the Chinese group Wingtech. This measure was justified by concerns about the transfer of critical technologies to Beijing. The president of Wingtech has been suspended, and the company's shares fell by 10% on the Shanghai stock exchange. The Netherlands argues that the loss of these technological capabilities could affect Europe's economic security. Government control will restrict management decisions, but production will continue.
Sources
Decizie excepțională a Olandei: A preluat controlul producătorului de cipuri Nexperia, deținut de China
Nou front în războiul comercial cu China: Guvernul olandez preia controlul unui mare producător de chip-uri controlat de Beijing
Guvernul olandez preia controlul asupra producătorului de cipuri Nexperia, deținut de chinezi
Netherlands intervenes at Chinese-owned chip firm Nexperia
Latest News
22:56
EU ambassadors are expected to approve 1,650 new designations against Russia
22:53
Shakira and Gerard Piqué in court in Barcelona to modify the visitation schedule for their two sons
22:47
George Simion denies donations from Russia to the party and calls for state budget subsidies to be scrapped
22:45
Nicu Ștefănuță was elected co-president of the Greens/EFA Group in the European Parliament
22:38
Azores lose over 100,000 passengers after Ryanair's withdrawal. Tourism feels the reduction in air connections
See more news