The Dutch government says it’s relinquishing its control over Chinese-owned chipmaker Nexperia following a standoff between China and the Netherlands.

cross-posted from: https://lemmy.zip/post/53363554

Economics Affairs Minister Vincent Karremans said he was suspending an earlier order to take control of Nexperia under a rarely invoked Cold War-era law.

  • Riddick3001@lemmy.worldEnglish
    7·
    7 days ago

    “constructive meetings with Chinese authorities"

    I hope they really were constructive.

    Also the Dutch got a lot of heat from basically everywhere ( Europe), the Chinese maybe too, because of the chipshortages. So there was pressure coming from everywhere.