Dutch Government Steps Back from Nexperia

The Dutch government has suspended its takeover of Chinese-owned chipmaker Nexperia, easing tensions with China and addressing global semiconductor shortages. The move follows constructive meetings with Chinese authorities and a Dutch court decision limiting Wingtechs control over Nexperia. This dispute underscores Europes role in the trade and technology rivalry between Washington and Beijing.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.