Dutch government allegedly folds to supply chain pressure, will relinquish control of Nexperia in China spat — reports say deal contingent upon China allowing firm to resume chip exports

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The Dutch government is reportedly ready to give up its control of Nexperia if Beijing allows its China unit to resume exports. Sources say that Nexperia may resume operations without government oversight as early as next week, provided that it has verified that chip shipments have restarted and that the financial issues between the Nexperia HQ and its China operations have been resolved, as reported by Bloomberg. The Netherlands seized control of this niche chip maker in early October after it raised…



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Dutch government allegedly folds to supply chain pressure, will relinquish control of Nexperia in China spat — reports say deal contingent upon China allowing firm to resume chip exports


The Dutch government is reportedly ready to give up its control of Nexperia if Beijing allows its China unit to resume exports. Sources say that Nexperia may resume operations without government oversight as early as next week, provided that it has verified that chip shipments have restarted and that the financial issues between the Nexperia HQ and its China operations have been resolved, as reported by Bloomberg. The Netherlands seized control of this niche chip maker in early October after it raised…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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