Netherlands Seizes Control of Chinese-Owned Chipmaker Nexperia Over Security Concerns
The Netherlands has invoked emergency powers to take control of Chinese-owned chipmaker Nexperia, citing serious governance issues and threats to Europe’s semiconductor capabilities. Wingtech Technologies, Nexperia’s Chinese owner, calls the move discriminatory and is pursuing legal remedies.
The Dutch government has taken the unprecedented step of seizing control of Chinese-owned chipmaker Nexperia, citing what it describes as a direct threat to Europe’s semiconductor capabilities and serious governance failures at the company. This marks the first time the Netherlands has invoked its Goods Availability Act, demonstrating the escalating global tensions around semiconductor technology control and national security concerns.