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The Guardian - UK
The Guardian - UK
Business
Lisa O’Carroll

Netherlands suspends state seizure of Chinese chipmaker Nexperia

A woman rides past Nexperia headquarters in Nijmegen
Cyclists pass Nexperia’s HQ in Nijmegen. The Netherlands has suspended supervisory control of the chipmaker as a gesture of ‘goodwill’ to China. Photograph: John Thys/AFP/Getty Images

The Netherlands has suspended its seizure of the Chinese-owned chipmaker at the heart of a six-week dispute between the EU and China that threatened to halt car production at sites around the world.

The Dutch minister of economic affairs, Vincent Karremans, said in a statement on Wednesday that the government would suspend its decision to take supervisory control of Nexperia as a gesture of “goodwill” to Beijing.

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