Hasty Briefsbeta

Chinese Nexperia managers order staff to ignore Dutch oversight

14 hours ago
  • #semiconductor industry
  • #China-Netherlands relations
  • #Nexperia
  • Chinese Nexperia management instructs employees in China to ignore external directives, escalating control dispute.
  • Nexperia asserts itself as a Chinese company, emphasizing compliance with Chinese laws over Dutch oversight.
  • Dutch government blocks tech transfer from Nexperia to China using a rare law; Chinese owner temporarily sidelined.
  • China retaliates by banning exports from Nexperia's Chinese factory, citing 'interference by local governments.'
  • Nexperia, formerly part of Philips, is central to debates on foreign ownership and national security in semiconductors.