The Dutch government takes control of Chinese-owned Dutch chipmaker Nexperia using its Goods Availability Act, a first, to safeguard chip supply for Europe
Move by The Hague escalates frictions between western countries and Beijing over access to high-end technology
Financial Times
Related Coverage
- Minister of Economic Affairs invokes Goods Availability Act Government.nl
- Dutch government takes control of Chinese-owned chipmaker Nexperia in ‘highly exceptional’ move CNBC · Dylan Butts
- Dutch government takes control of China-owned chip firm BBC · Osmond Chia
- Dutch govt accused of freezing operations of Chinese semiconductor giant's chipmaker Nexperia Pekingnology · Zichen Wang
- Dutch government seizes Chinese chipmaker Nexperia in the Netherlands UPI · Lisa Hornung
- China's Wingtech says Dutch court freezes control of Nexperia amid ‘national security’ dispute South China Morning Post · Finbarr Bermingham
- Dutch government takes control of Chinese-owned chipmaker Nexperia DatacenterDynamics · Charlotte Trueman
- Dutch government puts Nexperia on a short leash over chip security fears The Register · Dan Robinson
- Dutch Govt Suddenly Seizes Control Of China-Owned Chip Maker ZeroHedge News · Tyler Durden
- Dutch govt takes over China-owned chipmaker Nexperia, cites security risks Reuters · Toby Sterling
- Netherlands takes over Chinese-owned chipmaker Nexperia Silicon Republic · Suhasini Srinivasaragavan
- Dutch take over Chinese-owned Nexperia to hold onto critical chip tech Euractiv · Théophane Hartmann Euractiv
- Dutch govt takes control of Chinese-owned Netherlands-based Nexperia: Here's why Silicon Canals · Vigneshwar Ravichandran
- This is a story I need to check a bit deeper. Dutch government claims Nexperia, a chip maker in the Netherlands, owned by Chinese company Wingtech, is having governance problems on a level that are a risk for availability of these chips, so they are taking control of Nexperia. https://www.bbc.com/... @jwildeboer@social.wildeboer.net
- Dutch government takes control European chip manufacturer amid West-China tech tensions The Decoder · Maximilian Schreiner
- Dutch Government Acts to Secure Chipmaker Against Supply Risks China Money Network
- Dutch government seizes local chipmaker from its Chinese owner — Nexperia parent company Wingtech preps response to ‘exceptional’ steps taken to safeguard ‘crucial technological knowledge’ Tom's Hardware · Jon Martindale
- Dutch government intervenes at Chinese-owned computer chip firm Nexperia Reuters · Toby Sterling
- Netherlands seizes Chinese microchip maker to protect national security Telegraph · Matthew Field
- Dutch government seizes control of Chinese chipmaker through executive rebellion, suspends chairman Implicator.ai · Robert Brown
- Dutch govt takes over Chinese-owned semiconductor specialist Nexperia Proactive · Oliver Haill
- China's Wingtech seeks help from govt after Dutch intervention The Economic Times
- Netherlands seizes control of Nexperia, deepening Europe-China tech rift DigiTimes
- Wingtech Shares Dive After Dutch Government Intervenes in Chip Unit Dow Jones Newswires · Sherry Qin
- Netherlands invoke rare emergency law to take charge of Chinese chipmaker Yahoo Finance · Una Hajdari
- Dutch govt moves to take control of Chinese-owned chip maker Nexperia Daily Sabah
- Dutch government seizes control of Chinese-owned chipmaker Nexperia Politico · Pieter Haeck
- Dutch gov't takes over Chinese-owned chipmaker Nexperia Tech in Asia · Naomi Li Gan
- Dutch intervene in Chinese-owned chip firm over security fears DutchNews.nl
Discussion
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@zerohedge
@zerohedge
on x
Beijing wasn't expecting a second trade war front. [image]
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@fbermingham
Finbarr Bermingham
on x
@ZichenWanghere Nexperia's Chinese parent, Wingtech, says it was blindsided. It claims the Dutch Ministry of Economic Affairs issued an order on Sept 30 barring the firm and its global subsidiaries from changing assets, staff, or IP for a year.
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@fbermingham
Finbarr Bermingham
on x
A quiet bombshell in Europe's tech world The Dutch government seems to have effectively frozen operations of Nexperia, the Chinese-owned chipmaker, citing national security, according to corporate filing today - via @zichenwanghere https://www.pekingnology.com/ ...
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@naijaflyingdr
Dr Ola Brown
on x
We often read about “expropriation risk” when analysts describe Africa. But recent events like the Dutch government's takeover of Nexperia show that state intervention happens everywhere, driven by strategic priorities, not geography.
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@shaunrein
Shaun Rein
on x
The Dutch long ago decided to become a vassal to America & try to contain China. Now they steal Nexperia in a way that will destroy Europe as an investment destination for Chinese firms I wrote about Dutch bad behavior in my book The Split - I argued the Dutch had made their bed …
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@teortaxestex
@teortaxestex
on x
this isn't really a novel tactic but I wonder, how much know-how could plausibly be denied to china like this? Nexperia has been acquired by Wingtech Technology in 2018. It has global reach. Certainly SASAC had looked at their IP. Or has this acquisition been a sham all along? [i…
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@kanthan2030
S.L. Kanthan
on x
Nexperia makes whopping 100 BILLION semiconductor chips a year — accounting for 25% of all such chips. These chips are relatively basic but crucial to global economy — transistors, diodes, automotive chips etc. Oh, a lot of them are assembled and packaged in... China! [image]
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@ricwe123
Richard
on x
All the time we were told that globalism and the free market were sacred. That open trade and fair competition would make the world more just and connected. But then the Dutch government goes and snatches a Chinese-owned semiconductor firm, Nexperia, hiding behind the convinient …
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@kaiserkuo
Kaiser Kuo
on x
@ZichenWanghere Is this basically in compliance with the Department of Commerce/BIS 50% rule — the extension of FDPR to subsidiaries? Nexperia owned by Wingtech, Wingtech is an entity-listed firm...
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@kuittinenpetri
Petri Kuittinen
on x
@RYANHINGSHING This makes no sense. Nexperia was acquired by Chinese Wingtech Technology in Oct 2018, ~7 years ago. Under the Chinese ownership the company revenue has grown, while being profitable. Dutch gov decision to Freezing Nexperia sets a dangerous example. Which company w…
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@fbermingham
Finbarr Bermingham
on x
NRC says it was done under “the goods availability act” “It is exceptional for this to be applied; it's a backup instrument for extraordinary eg war or an acute national emergency. The emergency in this case: the availability of chips for the European automotive industry” [image]
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@fbermingham
Finbarr Bermingham
on x
NEW: Statement now from the Dutch ministry of economic affairs Confirms good availability act has been invoked “following recent and acute signals of serious governance shortcomings and actions within Nexperia which posed a threat to... Dutch and European economic security” [imag…
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@onechancefreedm
@onechancefreedm
on x
What's happening with Nexperia goes way beyond a simple regulatory move by the Dutch government, this is a front line moment in the global tech power struggle between the West and China. On paper, the Netherlands says it's stepping in because of administrative shortcomings and
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@vtchakarova
Velina Tchakarova
on x
The Netherlands has just crossed a geopolitical Rubicon. By seizing control of the Chinese-owned chipmaker Nexperia, The Hague has aligned itself with Washington in the new Cold War, where semiconductors, data, and rare earths define power hierarchies. This is no longer just a
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@nuryvittachi
Nury Vittachi
on x
The Dutch government just grabbed control of Chinese chip-firm Nexperia—to stop the Chinese stealing something THEY ALREADY OWNED. The business community has been shocked by the wacko seizure of the Netherlands-based Chinese chipmaker firm. In 2018, China's Wingtech Technology
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@dancollins2011
Dan Collins
on x
This is gonna be a new escalation. Nexperia was partially State-owned. And you can imagine who the private investors in China may be. And I assure you, it's not the Boy Scouts.
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@kanthan2030
S.L. Kanthan
on x
Incredible violation of rule of law and free market economy in the EU. Netherlands just seized a Chinese-owned semiconductor company - Nexperia. Excuse: “National security” and to prevent “possibility” of IP being stolen. It's like the Minority Report in geopolitics. The [image]
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@fpgax_
@fpgax_
on x
Given the impact of the Dutch government's freeze on Wingtech Technology's RMB 14.7 billion in assets, if your BOM contains Nexperia (安世) components, we recommend immediately activating a lightweight contingency plan for second-sourcing and buffer stocking. The Huaqiangbei [image…
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@fbermingham
Finbarr Bermingham
on x
Dutch newspaper NRC with new detail: “This is an exceptional emergency measure intended to prevent IP related to chips from disappearing abroad. According to insiders, there were indications that Nexperia was planning to leak chip knowledge to China.” https://www.nrc.nl/...
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@fbermingham
Finbarr Bermingham
on x
@ZichenWanghere In an emailed statement, Nexperia told me: “We have no further comments. Nexperia complies with all existing laws and regulations, export controls and sanctions regimes. For the same purposes, we remain in regular contact with relevant authorities.”
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@casmudde
@casmudde
on bluesky
Seems a rather big decision to make for a minister of an outgoing government representing some 15 percent of the population... wonder whether US pressure played a role.
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@sensehofstede.nl
Sense Hofstede
on bluesky
Chinese propaganda/influence worker Wang Qichen has already translated the relevant documents Wingtech has put out: www.pekingnology.com/p/dutch- govt...
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@jauntywk
@jauntywk
on bluesky
He who controls the GaN controls the flow of power in the world. — And Nexperia does that!!
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r/europe
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Dutch government takes control of Chinese-owned chipmaker Nexperia
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r/technology
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Dutch government takes control of Chinese-owned chipmaker Nexperia
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r/NewsWithJingjing
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Dutch govt seizes control of Chinese chipmaker Nexperia, invoking vague “national security” law
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r/Poldersocialisme
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Dutch government takes control of Chinese-owned chipmaker Nexperia
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@zichenwanghere
Zichen Wang
on x
Wingtech ( https://600745.sh/), the Shanghai-listed Chinese semiconductor company whose Netherlands-headquartered Nexperia was confirmed on Oct 12 to be freezed by the Dutch govt, slumped on Monday by 10% the maxium allowed by the stock exchange, losing over 5 bln valuation. [ima…