Sources: the Netherlands took control of Nexperia over fears its ex-CEO Zhang Xuezheng was dismantling its European operations and moving production to China (Toby Sterling/Reuters)
NegativeArtificial Intelligence

The Dutch government has taken control of Nexperia amid concerns that its former CEO, Zhang Xuezheng, was planning to dismantle the company's European operations and shift production to China. This move highlights the growing apprehension in Europe regarding the potential loss of critical technology and manufacturing capabilities to foreign entities. It underscores the delicate balance between global business operations and national security interests, especially in the semiconductor industry, which is vital for technological advancement.
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