N Shorts

‘It’s a wake-up call’: Dutch row with Chinese chipmaker that threatened global car industry

N Shorts
‘It’s a wake-up call’: Dutch row with Chinese chipmaker that threatened global car industry
Exclusive: Dutch minister says tussle with Chinese-owned Nexperia was ‘like an economic thriller’ and is sobering lesson to world over its dependency on ChinaA bitter battle over the future of a Chinese-owned chipmaker in the Netherlands that threatened to cripple the global car industry is a “wake-up call to Europe and the west”, the minister at the heart of the row has warned.The six-week standoff between the EU and Beijing over Nexperia and its vital supplies of automotive semiconductors has served up a sobering lesson to world leaders over their dependency on China, says Vincent Karremans. Continue reading…

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