Chinese Owners Locked Out of Dutch Chip Maker Nexperia

Dutch Ministry Invokes National Security Law to Impose Domestic Control Anviksha More (AnvikshaMore) , David Perera (@daveperera) • October 13, 2025

The Dutch government said it is severing semiconductor chipmaker Nexperia from control by its Chinese parent after invoking a national security law allowing it to impose domestic control.

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The Dutch Ministry of Economic Affairs said late Sunday it found "serious governance shortcomings" at the Netherlands-based maker of semiconductors used in the European auto industry and in consumer electronics. Partially Chinese state-controlled Wingtech Technologies - then a little-known smartphone assembler - acquired Nexperia in 2018 for $3.6 billion.

The company disclosed in a Monday filing with the Shanghai Stock Exchange that a Dutch court on Oct. 7 sided with European company executives who sued Wingtech after receiving on Sept. 30 an order from the ministry invoking the Goods Availability Act ...