Dutch Government Takes Control of China-Owned Chipmaker Nexperia Amid U.S. Concerns

1 min read
Source: The Guardian
Dutch Government Takes Control of China-Owned Chipmaker Nexperia Amid U.S. Concerns
Photo: The Guardian
TL;DR Summary

US authorities warned the Dutch government about the Chinese CEO of Nexperia, a Chinese-owned chipmaker, leading the Netherlands to invoke a law to take control of the company over security concerns, amid escalating US-China tensions and fears of technology transfer.

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