13 Oct 2025 | 3 Mins Read
Dutch government seizes Chinese chipmaker, shares plummet
Flipitmoney
Wingtech Technology Co's European unit Nexperia plunged 10% after the Dutch government invoked the Goods Availability Act, citing national security concerns, to exert control over it. The government demands Wingtech suspend changes at Nexperia for up to a year, following allegations of "serious governance shortcomings" and national security risks.