China Chinese Economy European Finance Manufacturer National Security Netherlands Semiconductor Supply Chain Technology War
The Dutch government has intervened to assume control of the Chinese-owned semiconductor manufacturer Nexperia, headquartered in Nijmegen, amid concerns over potential risks to Dutch and European economic stability. This action was taken under an emergency statute due to "serious governance shortcomings." The move is intended to ensure that supplies from Nexperia remain accessible during emergencies to avoid disruptions in key industries where Nexperia's products are utilized. Experts are closely monitoring the situation following the government's invocation of the Goods Availability Act. While Nexperia's day-to-day operations continue, the state now possesses authority to counter or reverse important decisions at the firm….
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