Dutch Seizure of Nexperia Signals Europes Shift on Chinese Tech Investments

Date:

The logo of Chinese-owned semiconductor company Nexperia is pictured in Hamburg, Germany, on June 27, 2024. Fabian Bimmer /ReutersThe Dutch government’s taking the unusual step of seizing control of chipmaker Nexperia on Sept. 30, freezing assets and replacing its Chinese executives, signals a growing willingness in the West to treat even basic semiconductor technologies as strategic assets, analysts say.The intervention, which cited a Cold War-era law, has become a defining moment in Europe’s effort to protect its technological sovereignty from China.

spot_imgspot_imgspot_img

Share post:

More like this
Related

From Schuman’spost-war declaration to the EU today, the Historical Archives unpack how Europe came together

The Historical Archives of the European Union (HAEU) in...

Unexplained Absence of Chinese Military University Chief Fuels Scrutiny of Leadership Reshuffle

Chinese military officers go through a security check as...

AI Investment Boom Helps US Manufacturing Recovery Continue

A technician works at an Amazon Web Services AI...