Articles in this Cluster
22-10-2025
The Dutch government has seized control of Nexperia, a semiconductor firm, from its Chinese owner, Zhang Xuezheng, citing security concerns. This move is part of Europe's efforts to protect its strategic industries from China. The takeover was made possible by a 73-year-old law that allows the state to take over companies for security purposes. The Dutch Ministry of Economic Affairs took control of Nexperia on September 30th, and an Amsterdam business court later suspended Zhang as CEO, replacing him with a Dutch interim chief. This is one of the most aggressive steps taken by European governments to safeguard their semiconductor industry.
Entities: Netherlands, Nexperia, Zhang Xuezheng, China, Ministry of Economic Affairs • Tone: neutral • Sentiment: negative • Intent: inform
22-10-2025
China has urged the Dutch government to 'properly' resolve the Nexperia case, a dispute over the seizure of chipmaker Nexperia from its Chinese owners. The two countries held their first ministerial call over the issue, with Chinese Minister of Commerce Wang Wentao calling for the Dutch to uphold 'the spirit of contracts' and safeguard global supply chains. The Hague's move has raised concerns in China and led to export controls on certain components made by Nexperia's China unit, threatening to disrupt European car makers' operations. The Dutch government has expressed willingness to maintain close communication with China to seek a 'constructive solution'.
Entities: China, Netherlands, Nexperia, Wang Wentao, Vincent Karremans • Tone: neutral • Sentiment: negative • Intent: inform
22-10-2025
The article discusses how the ongoing dispute between China and the Netherlands over chipmaker Nexperia has highlighted the vulnerability of global supply chains to geopolitical tensions. Nexperia, owned by Chinese company Wingtech, has a global presence with fabrication plants in Europe and assembly facilities in Asia. The company's CEO was ousted by Dutch authorities after the US extended export control restrictions to entities owned by blacklisted companies, affecting Nexperia due to its ownership by Wingtech. Analysts say Nexperia's 'developed in Europe, made in China' model has become 'unsustainable' due to these tensions.
Entities: Nexperia, China, Netherlands, US, Wingtech • Tone: neutral • Sentiment: negative • Intent: inform