Tag: Wingtech

BusinessSemiconductors

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.

by Tyler Brooks P.E
International Business and TradeSemiconductors

European Auto Industry Braces for Semiconductor Supply Disruption Following China’s Nexperia Export Restrictions

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.

Automotive Industry Reacts to Supply Chain Threat

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.

by Megan Carter
PolicySemiconductors

Dutch Government Seizes Control of Chinese-Owned Chipmaker Nexperia in Unprecedented Move

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.

Emergency Powers Invoked for Semiconductor Security

by Megan Carter