Honda Motor Co. has suspended production at an automobile plant in Mexico due to disruptions in semiconductor supplies from Nexperia, a Chinese-owned semiconductor manufacturer headquartered in the Netherlands, Honda officials said Wednesday.
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.
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.