Dutch Government Seizes Control of Nexperia Amid U.S. Pressure | AI News Digest
In a decisive move following weeks of speculation, the Dutch government has assumed control of semiconductor manufacturer Nexperia, responding to U.S. concerns over its Chinese CEO, Zhang Xuezheng. This development occurs against a backdrop of escalating tensions between Washington and Beijing regarding technology supremacy, especially within the semiconductor industry. The U.S. had indicated that Nexperia would remain on its export control list unless Zhang was replaced, as his ongoing leadership posed perceived national security threats. Nexperia, known for producing critical chips for consumer electronics and the automotive sector, was acquired by a Chinese consortium in 2017. To expedite the takeover, the Dutch economy minister invoked a seldom-used law, highlighting governance issues within the company as a significant factor.
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