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Dutch government suspends intervention into chipmaker Nexperia (www.bbc.com)

submitted 3 hours ago by cm0002@libretechni.ca to c/world@quokk.au

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The Dutch government has suspended its intervention at Nexperia, a Chinese-owned chipmaker based in the Netherlands, following talks with China.

The Hague took action in September over "serious governance shortcomings" and concerns over the European supply of semiconductors for cars and other electronic goods. In response, Beijing blocked exports of the firm's chips.

However, on Wednesday the Dutch government said it would halt its original decision following "constructive talks" with Beijing.

China said it welcomed the move, adding it was a "first step in the right direction towards a proper resolution".

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