The Dutch government could hand back control of Chinese-owned chipmaker Nexperia after Beijing resumed critical semiconductor supplies, Bloomberg reported on Friday, citing sources.
The Netherlands seized the Dutch-based chipmaker last month, citing risks to the EU’s economic and technological security. Amsterdam invoked a never-before-used emergency law to take control of the manufacturer, which is owned by China’s Wingtech Technology. Wingtech reportedly condemned the intervention as “an act of excessive interference driven by geopolitical bias.”
Beijing responded by restricting Nexperia’s exports from China, which account for about half of…
Read the full article at RT.COM
