The Dutch government intervenes in a Chinese chip manufacturer, preventing technology from flowing out
According to Reuters, the Dutch government stated on the evening of October 12 that it will intervene in Nexperia, a Dutch chip manufacturer and a subsidiary of the Chinese company Wintech Technology, to prevent chip technology from flowing into China. This move will escalate tensions between the Netherlands and China.
Nexperia is a company that produces chips for the automotive and consumer electronics industries. According to the new restrictions imposed by the Dutch government, Nexperia will only be able to take decisive actions with government approval within the next year. The Dutch government emphasized that it will not take over Nexperia, but has the right to revoke or block management decisions it deems harmful. The company's normal production continues.
The parent company of Nexperia, Wintech Technology, was added to the U.S. "Entity List" in December 2024, reportedly due to suspected "assisting the Chinese government in acquiring entities with sensitive semiconductor manufacturing capabilities."
A spokesperson for the Dutch Ministry of Economic Affairs said that the United States did not participate in its decision regarding Nexperia, and the timing was "a coincidence."
Wintech Technology believes that the control of Nexperia has been frozen under the intervention of the Dutch government and court. Wintech Technology condemned the move as an "excessive intervention driven by geopolitical bias, rather than a factual risk assessment."
Lin Jian, a spokesperson for the Chinese Foreign Ministry, responded to this topic at a press conference on October 13, stating that China has always opposed the broadening of national security concepts and discriminatory practices against companies of specific countries. Relevant countries should genuinely abide by market principles and not politicize trade and economic issues. China's determination to safeguard its legitimate and proper rights and interests is unwavering."
Original: www.toutiao.com/article/1845918938458121/
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