Dutch government took control of Nexperia over fears it was being destroyed: sources

Dutch government took control of Nexperia over fears it was being destroyed: sources

AMSTERDAM (Reuters) – The Netherlands’ decision to take control of chipmaker Nexperia in September was prompted by fears that the company’s former chief executive was already dismantling the company’s European operations and moving production to China, four sources in The Hague familiar with the government’s thinking said on Monday. A month-long standoff between China and…

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European automakers fear for production in dispute over chipmaker Nexperia

European automakers fear for production in dispute over chipmaker Nexperia

By Raquel More BERLIN (Reuters) – European carmakers could face major manufacturing disruptions without a quick resolution to a trade and intellectual property dispute over chipmaker Nexperia between China and the Dutch government, an industry association warned on Thursday. The dispute could cause further strain on Europe’s auto sector, whose manufacturers and suppliers are already…

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