The Dutch government has seized control of Nexperia to safeguard crucial technological knowledge, a rare move amid geopolitical tensions shaping the chip industry.
Wingtech pledges to replace the Dutch-backed chairman with a non-Chinese successor, signaling governance changes under state oversight.
The government can block or reverse management decisions it sees as harmful, while normal operations continue at factories worldwide.
Dutch government seizes local chipmaker from its Chinese owner — Nexperia parent company Wingtech preps response to 'exceptional' steps taken to safeguard 'crucial technological knowledge'
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