An aerial photo of a Taiwan Semiconductor Manufacturing Company (TSMC) factory in Nanjing, in Jiangsu Province, China, on Aug. 10, 2022. Photo by STR/AFP via Getty Images
The Netherlands government announced on Oct. 12 that it is taking control of a Dutch chipmaker over concerns about the potential transfer of crucial technology to its Chinese parent company.
Nexperia, which manufactures semiconductors for cars and consumer electronics, is owned by Jiaxing-based company Wingtech, which is partially owned by the Chinese Communist Party (CCP).
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