Netherlands Returns Control of Nexperia
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Nexperia rejected a claim by its Chinese unit that it was interfering with production by blocking wafer supplies, as a feud within the Dutch company rages even after Beijing took steps to restore supplies of the vital automotive components.
Netherlands-China standoff over Nexperia chips disrupts auto production, exposing the fragility of global semiconductor supply chains.
The Dutch government said Wednesday it’s relinquishing control of Chinese-owned chipmaker Nexperia, easing a standoff between China and the Netherlands that threatened supplies of semiconductors vital for global auto manufacturing.
The Dutch government has suspended its emergency order to oversee chipmaker Nexperia, returning operational control to Chinese parent company Wingtech.
Post reporters discuss the dispute’s apparent resolution, what happens next and what it means for the future of Chinese investments abroad.