Explainer | A timeline of the Sino-Dutch row over the control of chipmaker Nexperia



When Dutch authorities seized control of chipmaker Nexperia almost two months ago, it resulted in a clash between the head office in Nijmegen and the company’s mainland China unit, which vowed to operate and meet orders as an independent enterprise.

Here are the milestones of the Nexperia crisis:

September 29

September 30

The Netherlands’ Ministry of Economic Affairs seized control of Nexperia, citing national security concerns and invoking an obscure 1952 law known as the Goods Availability Act. Nexperia was prohibited from relocating company assets without explicit permission from the Dutch government for a year.

  • Related Posts

    Baidu says AI now primary business driver despite 2% drop in first-quarter revenue

    Baidu has reached a historic milestone as its artificial intelligence businesses surged to become its primary revenue driver in the first quarter, despite a 2 per cent dip in overall…

    Continue reading
    Global growth of pure EVs faces hurdles in insurance, charging gaps, says BNP Paribas

    The global energy crisis may be pushing the balance towards pure electric vehicles (EVs) amid worries about surging petrol bills, but BNP Paribas is cooling down expectations as a lack…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *