The Dutch government decided in late September to place Nexperia under its control citing security concerns. In response, the Chinese government on Oct. 4 imposed restrictions on exports of semiconductors produced by Nexperia in China.
How is this the “good guy government” when they restrict the export to everyone else that isn’t involved? This is exactly why Dutch takeover the company
Short story is that Zhang took over a Dutch Tech company, mismanaged it, and tried to take its Intellectual property/trade secrets to transfer it to a Chinese company, essentially gutting nexperia. The board of the company and the Dutch Chamber of Commerce intervened. Note that the Dutch government didn’t do this for political reasons, but based on the findings of the Chamber of Commerce, who intervened because of intentional bad management.
Yeah, last article i read about this mentioned the company is already being investigated a few years back, so the action now have history.
Oh no! Curse your sudden but inevitable betrayal!