An employee works with a wafer in a production line of Dutch semiconductor company Nexperia, in Hamburg, Germany, June 27, 2024. REUTERS/Fabian Bimmer
AMSTERDAM (Reuters) -The Dutch government said it is taking control of Dutch chipmaker Nexperia, which manufactures computer chips for the car and consumer electronics industries, due to worries about the possible transfer of crucial technology to its Chinese parent company, Wingtech.
The move prompted a 10% fall in Wingtech's shares in Shanghai on Monday, and the firm said in a statement it was consulting with lawyers and seeking government support to "protect the legitimate rights and interests of the company."
