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Netherlands Seizes Chinese Chipmaker Nexperia

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The Netherlands seized Chinese-owned chipmaker Nexperia in The Hague after US officials warned its Chinese chief could block exports to the United States, prompting Chinese anger.

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Reposted by Simon Lester

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soumayakeynes.ft.com
The Dutch government seized control of chipmaker Nexperia after Washington warned the company would not be removed from its export control list if its Chinese CEO Zhang Xuezheng remained in charge

by @andybounds.bsky.social @benhallnews.bsky.social & Ryan McMorrow
www.ft.com/content/db01...
Dutch seizure of chipmaker followed US ultimatum over Chinese chief
Takeover of Nexperia plunges Netherlands into US-China tech war
www.ft.com

Reposted by Henry Farrell

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Reposted by Simon Lester

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robfranciseu.bsky.social
Dutch trade minister Aukje de Vries denies that the Netherlands had bowed to US pressure when it seized Nexperia earlier this week.

“We always take as the Netherlands our own decisions on export controls,” de Vries said.