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The Latest Breaking News from Wingtech

Microchip factory in Netherlands caught in tussle between Europe, China and US

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.

Radio France Internationale

US raised concerns about Chinese boss of chipmaker before Dutch takeover

Court papers show Netherlands was warned in June that Nexperia might not be able to export to US with him in post

The Guardian - UK

Netherlands seizes control of Chinese-owned chipmaker under Cold War-era law

European country claims highly exceptional law invoked to protect economic security

The Independent UK

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Nexperia: Dutch Government Takes Control of China-Owned Chip Firm

The Dutch government seizes control of China-owned Nexperia to protect critical chip tech amid rising geopolitical tensions.

International Business Times UK

Dutch government seizes local chipmaker from its Chinese owner — Nexperia parent company Wingtech preps response to 'exceptional' steps taken to safeguard 'crucial technological knowledge'

The Dutch government has taken control of the Chinese-owned Nexperia, an automotive and consumer chip production company, for national security reasons. It's claiming that to prevent key technologies from leaving European and Dutch soil, it needs to put hard blocks in place.

Tom’s Hardware

Netherlands invokes rare emergency law to take charge of Chinese chipmaker

The Dutch government has taken temporary control of Chinese-owned chipmaker Nexperia under emergency legislation, citing risks to national and European security and marking one of the most forceful state interventions in Europe’s tech sector to date.

Euronews

Trump Mobile websites shifts messaging away from "Made in the U.S.A."

Trump Mobile has changed the messaging about its T1 Phone being 'Made in the U.S.A.' on its website and marketing materials.

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How Much of Trump's 'Built in America' Phone Is Actually Built in America?

The Trump Organization says the phone is domestically manufactured, but its hardware—and a statement from Eric Trump—suggest otherwise.

Reason

Two Major Tech Deals Come Under UK Government Scrutiny

The U.K. will review Altice USA Inc's (NYSE:ATUS) increased stake in BT Group plc (OTC:BTGOF) after Business Secretary Kwasi Kwarteng exercised new takeover powers focusing on national security, reports CNBC. The company announced that the U.K. Business Secretary Kwasi Kwarteng is "calling in" its deal with Altice, which telecom magnate Patrick Drahi owns. BT Group said it…

Benzinga

Chinese acquisition of UK's leader microchip plant being reviewed on national security grounds

The UK Government has confirmed an assessment of the deal by Chinese-owned firm Nexperia to acquire Newport Wafer Fab

Birmingham Post

Why one of Wales' leading tech firms needs to come out of Chinese ownership

The UK Government needs to use legislation to intervene on the acquisition of Newport Wafer Fab by Nexperia

Wales Online

Why Boris Johnson needs to intervene on Chinese ownership of Newport Wafer Fab

The Newport-based chip maker can become a key player in the role of fast-charging electric vehicle charging points

Birmingham Post

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