The Netherlands nationalized Nexperia last month, citing risks to the EU’s economic and technological security
The Dutch government has handed back control of Chinese-owned chipmaker Nexperia after “constructive meetings” with Beijing authorities, Economy Minister Vincent Karremans has announced.
The Netherlands invoked a Cold War-era emergency law to seize the Dutch-based firm last month, citing “serious governance shortcomings” and fears that key chip-making capabilities could be shifted out of the EU. The move triggered a furious response from Beijing, which retaliated by restricting Nexperia’s exports from China, roughly half of the…
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