Court filings: the Dutch government seized Nexperia after the US said it would remain on its export control list if Chinese CEO Zhang Xuezheng stayed in charge
Takeover of Nexperia plunges Netherlands into US-China tech war — Andy Bounds in Horsens, Denmark, Ben Hall in London and Ryan McMorrow in Beijing
Financial Times
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Discussion
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@rnaudbertrand
Arnaud Bertrand
on x
Interestingly, now that we have more information, the best angle to understand what happened with Nexperia is as an economic proxy war between the U.S. and China, with Europe - as is often the case these days - as the battleground (and therefore the main victim). As per
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@teortaxestex
@teortaxestex
on x
I've seen the Dutch deny US involvement. Huh. Funny, I believe it's uncoordinated with the main REE/BIS fight. From the Chinese side, the US looks like a psychotic lying enemy that can't stop attacking even as it jokes and pleads for a ceasefire. This is how diplomacy may end. [i…
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@ccceuofficial
@ccceuofficial
on x
🚨 The CCCEU strongly condemns the Dutch government's takeover of Nexperia under the Goods Availability Act. The Dutch authorities have engaged in a modern act of economic banditry. Nexperia has fully complied with regulations, contributed €130M+ in taxes 💶, created thousands [ima…
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@soumayakeynes.ft.com
Soumaya Keynes
on bluesky
The Dutch government seized control of chipmaker Nexperia after Washington warned the company would not be removed from its export control list if its Chinese CEO Zhang Xuezheng remained in charge — by @andybounds.bsky.social @benhallnews.bsky.social & Ryan McMorrow — www.ft.…
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r/technology
r
on reddit
Dutch seizure of chipmaker followed US ultimatum over Chinese chief
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r/stupidpol
r
on reddit
In rare move, Dutch government takes control of China-owned chipmaker Nexperia