Nexperia

Nexperia is a Dutch semiconductor company currently owned by Wingtech Technology, a Chinese firm. It is newsworthy due to a growing dispute between China and the Netherlands over its control. The Dutch government has taken steps to control Nexperia, citing concerns about global supply chains and the potential transfer of technology to China. Wingtech anticipates significant financial losses due to the restrictions placed on Nexperia. China has demanded that the Netherlands reverse its actions, accusing it of creating a crisis in global supply chains. The former CEO of Nexperia claims Dutch officials were aware of the Chinese owner's intentions to move technology to China for years. This situation highlights the increasing tensions surrounding semiconductor technology and supply chains, particularly between China, the EU, and the US. The EU has surpassed the US as the economy with the most trade disputes with China, driven by conflicts over semiconductors and other strategic sectors.