Overview
- The Dutch government invoked the law on availability of goods on October 13 to impose temporary oversight of Nexperia.
- This rarely used instrument allows authorities to block or overturn company decisions to safeguard essential production.
- The government said routine operations will continue, the measure applies only to Nexperia, and affected parties may challenge it in court.
- Nexperia is owned by China’s Wingtech Technology and supplies chips for Europe’s automotive and consumer electronics sectors, with Wingtech reported on a U.S. export-control list.
- China’s state-run Global Times condemned the Dutch move, calling it “robbery under the guise of law.”