Dutch Government Seizes Control of Chinese-Owned Nexperia Amid Security Concerns
TL;DR Summary
The Dutch government has taken control of Nexperia, a Chinese-owned chip unit, citing national security concerns, leading to a 10% plunge in Wingtech's shares, amid growing scrutiny of Chinese companies in sensitive sectors and recent governance issues at Nexperia.
- China’s Wingtech Dives 10% After Dutch Take Control of Chip Unit Bloomberg.com
- Netherlands intervenes at Chinese-owned chip firm Nexperia BBC
- Dutch government takes control of Chinese-owned chipmaker Nexperia Financial Times
- Dutch govt accused of freezing operations of Chinese semiconductor giant's chipmaker Nexperia Pekingnology
- China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute South China Morning Post
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