The Dutch Seized A Chinese Chipmaker. Supply Chain Chaos
Nexperia has shown the world how unprepared Western supply chains are for decoupling from China – and how quickly the Chinese ecosystem can adapt.
The Netherlands is giving up control of Chinese-owned chipmaker Nexperia, the acting Dutch Economic Minister Vincent Karremans said on Wednesday. It comes amid a dispute between the Netherlands and China sparked by the Dutch government's takeover of the company in September. European carmakers rely heavily on Nexperia components.
It comes amid a dispute between the Netherlands and China sparked by the Dutch government's takeover of the company in September. European carmakers rely heavily on Nexperia components. The Dutch minister indicated the Netherlands was responding to positive signals from China.
"China once again urges the Netherlands not to act unilaterally, but to immediately correct its mistakes and clear the obstacles to restoring the stability and security of the global semiconductor supply chain," the Chinese commerce ministry said in a statement. The Dutch government was not immediately available for comment early on Wednesday.
Late last month, Washington's intensifying contest with Beijing for control over tech supply chains spilled over in the Netherlands. The Dutch government, under pressure from U.S. officials, took control of the Chinese-owned chip maker Nexperia.
PDF version includes complete article with source references. Suitable for printing and offline reading.
Download detailed product specifications, case studies, and technical data for our off-grid PV containers and mobile energy storage solutions.
15 Innovation Drive
Johannesburg 2196, South Africa
+27 87 702 3126
Monday - Friday: 7:30 AM - 5:30 PM SAST