Global Auto Industry Braces for Production Halts as Chip Control Dispute Escalates
European Manufacturing Faces Temporary Shutdowns The global automotive industry is confronting potential production disruptions as a corporate control battle over…
European Manufacturing Faces Temporary Shutdowns The global automotive industry is confronting potential production disruptions as a corporate control battle over…
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.
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.
Internal Power Struggle Threatens Semiconductor Supply Chain The ongoing corporate governance conflict between Nexperia’s Dutch headquarters and its Chinese operations…
European automotive manufacturers are activating emergency response plans as China moves to restrict exports from Dutch-based chipmaker Nexperia. Industry leaders warn of potential production halts reminiscent of the 2021 semiconductor crisis, with companies establishing task forces and daily supply chain assessments.
European carmakers are reportedly deploying strategies reminiscent of their pandemic-era response as they prepare for a potential semiconductor supply crisis. According to reports, the industry is bracing for impact after the Dutch government seized control of Chinese-owned chipmaker Nexperia, prompting Beijing to restrict the company’s outbound shipments.
The Netherlands has taken the extraordinary step of placing Chinese-owned chipmaker Nexperia under temporary government control. The move comes amid rising trade tensions and concerns about semiconductor supply chain security in Europe.
The Dutch government has taken the highly exceptional step of seizing control of Nexperia, a Chinese-owned semiconductor manufacturer based in the Netherlands, invoking emergency powers to ensure critical chip supplies remain available in Europe. This unprecedented intervention comes amid escalating global trade tensions and concerns about the security of semiconductor supply chains, with the Dutch Ministry of Economic Affairs citing “serious governance shortcomings” at the chipmaker.