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Dutch govt’s China move: Takes control of key auto supplier; top car makers concerned

The Dutch government seized control of chipmaker Nexperia due to concerns over its former CEO's alleged plans to move European operations to China. This action has prompted warnings from global automakers about potential chip shortages and production disruptions. While Nexperia's chips are basic, they are crucial for automotive electronics.

The Dutch government seized control of chipmaker Nexperia due to concerns over its former CEO's alleged plans to move European operations to China. This action has prompted warnings from global automakers about potential chip shortages and production disruptions. While Nexperia's chips are basic, they are crucial for automotive electronics. from Times of India https://ift.tt/QDZEjVU
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