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The Latest Breaking News from Wingtech

Embattled Dutch chipmaker Nexperia gets into public spat with Chinese owners — accused of deception and obstruction, suspending wafer shipments

Tensions inside Nexperia have sharpened after its parent company, Wingtech Technology, publicly accused the Dutch head office of deception and obstruction.

Tom’s Hardware

Tech Brief (Nov. 24): Wingtech Urges Talks to Restore Control Over Nexperia

CXMT unveils new memory products, Tencent buys stake in Ubisoft subsidiary

Caixin Global

Tech Brief (Nov. 21): Google Launches New Image Generation Model

Wingtech accuses the Dutch government of playing an active role in legal actions that stripped the Chinese company of control over Netherlands-headquartered chipmaker Nexperia, Intel unveils plans to offer custom chip solutions tailored to China’s fast-growing PC and cloud computing markets

Caixin Global

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Netherlands suspends Nexperia takeover order as China eases export curbs — de-escalation could be welcome break for automotive industry

The Dutch government has suspended its emergency order to oversee chipmaker Nexperia, returning operational control to Chinese parent company Wingtech.

Tom’s Hardware

Netherlands suspends state seizure of Chinese chipmaker Nexperia

Dutch government’s move pauses dispute that threatened car production around the world

The Guardian - UK

‘I’d do it all again,’ says Dutch minister at heart of car chip standoff with China

Exclusive: Vincent Karremans says six-week row with Beijing that threatened global car production is ‘wake-up call’

The Guardian - UK

A crisis at chipmaker Nexperia sent automakers scrambling. Here's what to know

A power struggle over Nexperia, a Chinese-owned Dutch semiconductor maker, is impacting global auto production

The Independent UK

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Dutch government allegedly folds to supply chain pressure, will relinquish control of Nexperia in China spat — reports say deal contingent upon China allowing firm to resume chip exports

The Dutch government is ready to relinquish its control over Nexperia if Beijing allows its China factory to resume exports.

Tom’s Hardware

China poised to lift ban on chips exports to European carmakers after US deal

Dispute began with Dutch government takeover of Nexperia and China halting exports, threatening car production

The Guardian - UK

China accuses Dutch of prolonging chip war that threatens to halt car factories

Beijing tells Netherlands to ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chain

The Guardian - UK

China blames Netherlands for chip supply tensions amid Nexperia standoff

China's Commerce Ministry has blamed the Netherlands for what it called “chaos” in the semiconductor supply chain

The Independent UK

Nexperia halts chip supplies to China in threat to global car production

Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war

The Guardian - UK

Nexperia's China parent Wingtech declares cash-flow risk despite massive 280% profit surge - car production shutdowns loom as Dutch state tightens grip

Wingtech, the Chinese parent company of Dutch chipmaker Nexperia, has warned investors of a potential cash flow squeeze if it fails to regain operational control of its European subsidiary.

Tom’s Hardware

Nexperia China snubs Dutch HQ amid spat that threatens automotive production — says order to dismiss executive violates labor laws

Nexperia's China subsidiary refuses to follow its HQ's order to vacate the position of John Chang, its VP for global sales and marketing, citing conflict with Chinese law.

Tom’s Hardware

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Radio France Internationale

Microchip factory in Netherlands caught in tussle between Europe, China and US

Dutch authorities have, for the first time ever, invoked Cold War-era legislation to take control of a Chinese-owned microchip factory – prompting backlash from China. The move underlines the intensifying competition between the United States, China and Europe for global leadership in semiconductor technology.

The Guardian - UK

US raised concerns about Chinese boss of chipmaker before Dutch takeover

Court papers show Netherlands was warned in June that Nexperia might not be able to export to US with him in post

The Independent UK

Netherlands seizes control of Chinese-owned chipmaker under Cold War-era law

European country claims highly exceptional law invoked to protect economic security

International Business Times UK

Nexperia: Dutch Government Takes Control of China-Owned Chip Firm

The Dutch government seizes control of China-owned Nexperia to protect critical chip tech amid rising geopolitical tensions.

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news in one place.

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Tom’s Hardware

Dutch government seizes local chipmaker from its Chinese owner — Nexperia parent company Wingtech preps response to 'exceptional' steps taken to safeguard 'crucial technological knowledge'

The Dutch government has taken control of the Chinese-owned Nexperia, an automotive and consumer chip production company, for national security reasons. It's claiming that to prevent key technologies from leaving European and Dutch soil, it needs to put hard blocks in place.

Euronews

Netherlands invokes rare emergency law to take charge of Chinese chipmaker

The Dutch government has taken temporary control of Chinese-owned chipmaker Nexperia under emergency legislation, citing risks to national and European security and marking one of the most forceful state interventions in Europe’s tech sector to date.

Laptop

Trump Mobile websites shifts messaging away from "Made in the U.S.A."

Trump Mobile has changed the messaging about its T1 Phone being 'Made in the U.S.A.' on its website and marketing materials.

Reason

How Much of Trump's 'Built in America' Phone Is Actually Built in America?

The Trump Organization says the phone is domestically manufactured, but its hardware—and a statement from Eric Trump—suggest otherwise.

Benzinga

Two Major Tech Deals Come Under UK Government Scrutiny

The U.K. will review Altice USA Inc's (NYSE:ATUS) increased stake in BT Group plc (OTC:BTGOF) after Business Secretary Kwasi Kwarteng exercised new takeover powers focusing on national security, reports CNBC. The company announced that the U.K. Business Secretary Kwasi Kwarteng is "calling in" its deal with Altice, which telecom magnate Patrick Drahi owns. BT Group said it…

Birmingham Post

Chinese acquisition of UK's leader microchip plant being reviewed on national security grounds

The UK Government has confirmed an assessment of the deal by Chinese-owned firm Nexperia to acquire Newport Wafer Fab

Wales Online

Why one of Wales' leading tech firms needs to come out of Chinese ownership

The UK Government needs to use legislation to intervene on the acquisition of Newport Wafer Fab by Nexperia

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