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DUTCH MINISTER DEFENDS NEXPERIA TAKEOVER AMID CHIP SUPPLY STRAINS

  • NEWS Desk Global
  • 5 hours ago
  • 1 min read

ree

The Dutch minister who triggered automotive supply chain turmoil by seizing control of chipmaker Nexperia said the intervention had worked and he made a conscious choice not to inform European allies or the U.S. or Chinese governments ahead of time.

Economic Affairs Minister Vincent Karremans faced questions over his handling of Nexperia in a parliamentary debate late on Thursday, with lawmakers questioning his handling of the situation.

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