China retaliates in response to Dutch seizure of Nexperia, blocking chipmaker’s exports following takeover — 861,000 square foot assembly site in Gaungdong affected as trade war spirals

China has blocked the export of certain products produced by the Dutch chip company, Nexperia, according to Bloomberg. This is the same company that the Dutch government recently seized from its Chinese parent company to prevent the transfer of what it called “crucial technological knowledge” from leaving the country. This action appears to be retaliatory and highlights the increasingly multi-polar world that is developing under the umbrella of rapid global expansion in AI capabilities, and a rush to…