Tech
Dutch minister defends Nexperia takeover amid chip supply strains
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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.
“With this order, I prevented Europe from becoming dependent on non-European vendors of essential legacy chips… as…
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