Dutch Government Seizes Control of Chinese-Owned Chipmaker Nexperia
The Dutch government has taken control of Chinese-owned semiconductor firm Nexperia, citing concerns about technology transfer and economic security. The intervention sent shares of parent company Wingtech Technology plunging 10% on the Shanghai Stock Exchange.
Key Developments
- Dutch authorities invoked the “Availability of Goods Act” to intervene in Nexperia
- Wingtech Technology shares dropped 10% following the announcement
- Government gains power to block management decisions but won’t take ownership
- Parent company alleges intervention is “driven by geopolitical bias”
Government Intervention Details
The Dutch government announced the intervention on Monday, 13 October 2025, over concerns about technology transfer to Nexperia’s Chinese parent company. Nexperia, headquartered in Nijmegen, manufactures semiconductor chips for automotive and consumer electronics sectors.
Amsterdam invoked the “Availability of Goods Act” to take control, though the government clarified it will not assume ownership of the chipmaker. Authorities will instead have the power to reverse or block management decisions deemed harmful to national interests.
Market Impact and Company Response
Wingtech Technology shares closed 10% lower at 41.83 Chinese Yuan, down from 46.48 Yuan on the Shanghai Stock Exchange. The Chinese parent company acquired Nexperia for $3.63 billion in 2018 and stated it has complied with all relevant laws and regulations.
Wingtech Technology claimed the Dutch government’s intervention is “driven by geopolitical bias” and alleged that non-Chinese Nexperia executives attempted to forcibly alter the chipmaker’s equity structure through legal proceedings, describing this as a “cloaked power grab.”
The company is reportedly consulting with lawyers and seeking government support to “protect the legitimate rights and interests of the company.”
Security Concerns
The Dutch government cited concerns around “crucial technological knowledge” but did not elaborate on specific issues. Officials stated that “the loss of these capabilities could pose a risk to Dutch and European economic security.”
