Dutch authorities have, for the first time ever, invoked Cold War-era legislation to take control of a Chinese-owned microchip factory – prompting backlash from China. The move underlines the intensifying competition between the United States, China and Europe for global leadership in semiconductor technology.
On 30 September, the Netherlands invoked the Goods Availability Act to take control of Nexperia, a European subsidiary of the Chinese chip giant Wingtech headquartered in the Dutch city of Nijmegen, citing risks to national and European economic security.
