5 h. ago China Says Dutch Nexperia Seizure Places Supply Chain at Risk

China Says Dutch Nexperia Seizure Places Supply Chain at Risk  Bloomberg.com

Events

36 h. ago Nexperia’s China unit says staff can ignore orders from Dutch headquarters

Nexperia’s China unit says staff can ignore orders from Dutch headquarters  Financial Times

Politics

58 h. ago Dutch minister will meet with China official about seizure of chipmaker Nexperia

Dutch minister will meet with China official about seizure of chipmaker Nexperia  Reuters

Politics

60 h. ago Nexperia China tells employees to ignore orders from Dutch head office

Nexperia China, the local unit of the Dutch chipmaker, has told its employees to follow orders from local management and ignore instructions from the Dutch head office, according to a letter issued to employees over the weekend. In open revolt against the headquarters in Nijmegen, the Netherlands, Nexperia China said in a Chinese-language statement on its official social media channel on Saturday that it was an “independent” Chinese entity and that Nexperia employees in China “should continue to...

Society

4 d. ago Dutch seized Nexperia over fears Chinese owners planned to move chip production to China

The Dutch government believed chipmaker Nexperia’s Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world. Earlier this month, authorities seized control of Nexperia’s management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. In response, China’s Ministry of Commerce on October 4 imposed export controls on Nexperia’s Chinese subsidiary and its...

Politics

4 d. ago Dutch government in talks with China over Nexperia export controls

Dutch government in talks with China over Nexperia export controls  Reuters

Politics

7 d. ago US warned Dutch Nexperia CEO must go to avoid entity list fallout: court

US officials told their Dutch counterparts that the Chinese CEO of Nexperia “will have to be replaced” for the company to be exempt from Washington’s entity list, newly disclosed court documents show. The disclosure comes after the Dutch government effectively seized control of the semiconductor firm, a subsidiary of the Chinese company Wingtech, forcing a change in management under an obscure law known as the Goods Availability Act. In doing so, the Dutch authorities removed founding CEO Zhang...

Events

7 d. ago China retaliates in response to Dutch seizure of Nexperia, blocking chipmaker's exports following takeover — 861,000 square foot assembly site in Gaungdong affected as trade war spirals

China retaliates in response to Dutch seizure of Nexperia, blocking chipmaker's exports following takeover — 861,000 square foot assembly site in Gaungdong affected as trade war spirals  Tom's Hardware

Events

7 d. ago China places export curbs on Nexperia after Dutch government takeover

China places export curbs on Nexperia after Dutch government takeover  Seeking Alpha

Politics

7 d. ago China imposes export ban after Dutch intervention at chipmaker Nexperia

China imposes export ban after Dutch intervention at chipmaker Nexperia  NL Times

Politics

7 d. ago China vows to support Wingtech in Dutch national security battle over Nexperia

China has voiced support for local electronics parts supplier Wingtech as it battles authorities in the Netherlands over control of its European semiconductor unit. The state-backed China Semiconductor Industry Association (CSIA) said in a statement on Tuesday that it “firmly supports” CSIA member Wingtech in defending its rights, a day after the Chinese company said its European subsidiary Nexperia, which it acquired in 2019, was under temporary external management following an order from the...

Events

9 d. ago Dutch restrict Nexperia to keep its chip secrets outside of China

Dutch restrict Nexperia to keep its chip secrets outside of China  Techzine Global

Politics

9 d. ago China’s Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute

In a move that could dent China’s relations with the European Union, Chinese technology company Wingtech said control of its Dutch subsidiary Nexperia has been effectively frozen, following an intervention by a government ministry and court in the Netherlands. In a corporate filing dated October 13, lodged with the Shanghai Stock Exchange on Sunday, Wingtech said semiconductor manufacturer Nexperia is now under temporary external management following an order from the Dutch Ministry of Economic...

Events