Battle over Chinese chip maker rocks global car industry

The recent seizure of Nexperia by the Dutch government marks a pivotal moment in the ongoing struggle over semiconductor supply chains, particularly affecting the global car industry. As car manufacturers increasingly depend on chips for their vehicles, this government action has raised alarms about potential disruptions in production. The move has provoked a strong response from Beijing, reflecting the broader geopolitical tensions surrounding technology and trade. The implications of this event extend beyond immediate market reactions, as it underscores the fragility of global supply chains and the increasing intertwining of national security with economic interests.