Dutch Government Assumes Control of Nexperia Amid Chinese Technology Transfer Concerns
The Dutch government has taken control of Nexperia following allegations of planned technology transfers to China. The chipmaker denies claims by its ousted CEO that its Chinese division is operating independently, while European automakers warn of potential semiconductor shortages.
Government Intervention in Chipmaker Operations
The Dutch government has assumed control of Nexperia, according to reports, invoking the nation’s Goods Availability Act amid concerns about sensitive technology transfers. Sources indicate the intervention came after allegations surfaced that company leadership planned to transfer critical chip technologies to its Chinese parent company, Wingtech Technologies. The Dutch Minister of Economic Affairs was granted authority to block or reverse corporate decisions deemed harmful to the company’s interests under the emergency measures.