
18/10/2025
https://faceoff.world/news/netherlands-seizes-chinese-chip-firm-over-security-fears
Netherlands Seizes Chinese Chip Firm Over Security Fears
In an unprecedented security-driven intervention, the Dutch government has seized control of Nexperia, a Chinese-owned semiconductor company critical to Europe’s auto and electronics industries. Invoking the Goods Availability Act, a wartime emergency law, authorities suspended CEO Zhang Xuezheng, froze major corporate decisions, and transferred voting rights to an independent trustee—effectively neutralizing the influence of parent company Wingtech Technology.