Dutch government takes charge of Chinese-owned chipmaker Nexperia, parent firm’s shares drop 10% in Shanghai

The Dutch government has taken control of Chinese chipmaker Nexperia amid tensions with Beijing as tensions rise in the race for technology, intellectual property and semiconductors, the news agency reported. Reuters On Monday, October 13, 2025.

According to the agency’s report, the Dutch government announced that authorities intervened in the Nijmegen-based company called Nexperia, which produces semiconductor chips for automobiles and consumer electronics, due to concerns about the transfer of technology to the Chinese parent company.

Semiconductor firm Nexperia, Wingtech Technology Co. Ltd. It belongs to a Chinese company called. Shares of the Chinese parent company fell after the Dutch government took control of the company.

Wingtech Technology shares closed at 41.83 Chinese Yuan, down 10%, compared to 46.48 Chinese Yuan on the Shanghai Stock Exchange, according to data collected from Marketwatch.

Amsterdam invoked the Dutch law “Availability of Goods Act” to gain control of the company. However, according to the agency’s report, the Dutch government will not take ownership of Nexperia, but authorities will have the power to reverse or block management decisions it deems harmful.

Is it due to geopolitical bias?

According to the agency’s report, Nexperia’s parent company, Wingtech Technology, claimed that the Dutch government’s intervention in the chip maker “was motivated by geopolitical bias.”

The company also alleged that non-Chinese Nexperia executives attempted to forcibly change the chipmaker’s equity structure through legal action, describing it as a “covert power grab” within the firm.

Wingtech is reportedly consulting with lawyers and seeking support from the government to “protect the company’s legitimate rights and interests.”

According to the agency’s report, Wingtech acquired Nexperia for $3.63 billion in 2018. The company also stated that it complies with all relevant laws and regulations.

The Dutch government touched on issues related to “critical technological information” but did not provide detailed information on the subject.

“The loss of these capabilities could pose a risk to the economic security of the Netherlands and Europe,” the Dutch government said in the agency report.