Nexperia’s China arm tells staff to ignore Dutch bosses
Beijing’s patience snaps
Nexperia’s Chinese operation has effectively gone rogue, telling its workers they can bin any orders from its Dutch headquarters as the row between Beijing and The Hague blows up into open defiance.
Nexperia mess fuelled by $200 million CEO heist
Dutch chipmaker seized after boss allegedly funnelled cash to failing side hustle
The Dutch government’s dramatic seizure of Chinese-owned chipmaker Nexperia wasn’t just about keeping technology out of Beijing’s paws. It turns out the whole fiasco was sparked by the company’s own CEO funnelling more than $200 million into a failing pet project in Shanghai.
US was behind Dutch Nexperia take over
Washington’s long reach in tech power games
US officials were behind the Dutch government's surprise take over of Nexperia.
Dutch government seizes Chinese-owned Nexperia
Wants to keep chipmaking tech inside Europe
The Dutch government has seized control of Nexperia, the Chinese-owned but Netherlands-based semiconductor outfit, claiming it needs to stop vital chip know-how from drifting out of Europe.
UK blocks Chinese purchase of chipmaker
Security grounds
As we pretty much expected, the UK government has blocked a move by Chinese-owned firm Nexperia to buy the country's largest chipmaking plant.