China Blocks Nexperia Exports Amid Dutch Move to Seize Control of Chipmaker

Date:

China Blocks Nexperia Exports Amid Dutch Move to Seize Control of Chipmaker

An employee works with a wafer in a production line of Dutch semiconductor company Nexperia, in Hamburg, Germany, on June 27, 2024. Fabian Bimmer/Reuters

China has barred Nexperia from exporting certain products made at its China facilities, the Dutch-owned chipmaker said on Oct. 14, as tensions mount after the Dutch government took control of the firm over security concerns.

Nexperia, owned by China’s Wingtech Technology but headquartered in the Netherlands, said the Chinese Ministry of Commerce issued an export control notice on Oct. 4 prohibiting its China subsidiary and subcontractors from exporting specified finished components and sub-assemblies. The company, a major supplier of mature-node chips used in automotive and consumer electronics, said it is seeking an exemption.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Conservatives Nominate Candidate in Scarborough Byelection

CanadaA sign directs voters to a polling station to...

US Increasingly Striking From Inside Irans Airspace as It Gains Air Dominance: Hegseth

ARLINGTON, Va.—Secretary of War Pete Hegseth announced on March...

Canada Lost 84,000 Jobs in February, Unemployment Rate Rose to 6.7 Percent

CanadaPeople attend a job and continuing education fair in...

Shanghai Petitioner Says Plainclothes Men Blocked Complaint at Prosecutors Office

Petitioners are escorted to a bus by security personnel...