Dutch return control of chipmaker Nexperia to Chinese
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China's Wingtech said on Thursday that its control over Netherlands-based Nexperia must be restored, a day after the Dutch government suspended its seizure of the chipmaker that has been at the centre of a global supply chain crisis.
Post reporters discuss the dispute’s apparent resolution, what happens next and what it means for the future of Chinese investments abroad.
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Netherlands suspends Nexperia takeover order as China eases export curbs — de-escalation could be welcome break for automotive industry
The Dutch government has suspended its emergency order to oversee chipmaker Nexperia, returning operational control to Chinese parent company Wingtech.
According to reports on Sunday, China confirmed it has taken the necessary steps to exempt compliant exports of Nexperia chips for civilians
China's commerce ministry on Friday criticised comments made by Dutch Economy Minister Vincent Karremans defending the seizure of Chinese-owned, Netherlands-based chipmaker Nexperia, days before senior Dutch officials visit Beijing to discuss how to resolve the dispute.
European carmakers are looking into ways to scratch components made with parts from China, spooked by deepening geopolitical spats playing out through chipmaker Nexperia and Beijing’s export controls on rare earths.
The Dutch government says it’s relinquishing its control over Chinese-owned chipmaker Nexperia following a standoff between China and the Netherlands.
1don MSN
The Netherlands takes a big step to defuse its dispute with China that threatened car production
A high-stakes standoff between China and the Netherlands over control of a crucial chipmaker reached a detente Wednesday after Amsterdam suspended a controversial order that enabled it to take control of Chinese-owned Nexperia.