Netherlands Pauses Move to Seize Chinese-Owned Chipmaker Nexperia

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The Dutch government has suspended its unprecedented plan to take supervisory control of the Chinese-owned chipmaker Nexperia.

The whole affair has been quite a saga. This latest development is the center of a six-week standoff between the EU and Beijing that threatened to halt car production in multiple countries.

Vincent Karremans, the Dutch minister of economic affairs, announced the pause on Wednesday (November 19), describing it as a gesture of diplomatic goodwill amid efforts to prevent escalation. “In light of recent developments, I consider it the right moment to take a constructive step by suspending my order under the Goods Availability Act,” he said.

The decision marks a temporary cooling in a geopolitical clash that ...