In parallel with the Netherlands taking control of Nexperia, both the U.S. and China imposed export controls on the company, disrupting the flow of critical chips to carmakers.Marcel Krijgsman/EPA

Dutch pause move to take control of Chinese chip firm – POLITICO

by · POLITICO

BRUSSELS — The Dutch government on Wednesday halted its decision to seize control of the Netherlands-based, Chinese-owned chipmaker Nexperia.

The Netherlands effectively took control of Nexperia at the end of September, after concerns that Dutch technological know-how was leaking to China, in a move that threatened relations between Beijing and The Hague.

Dutch Economy Minister Vincent Karremans said Wednesday that the controversial order, based on a 1952 law, will now be suspended. He cited diplomatic progress with China, in ensuring the supply of chips to Europe. Even Nexperia chips manufactured in Europe are rerouted to China for packaging.