The Dutch government reversed its earlier decision to nationalize Nexperia, a semiconductor manufacturer owned by the Chinese company Wingtech, after constructive talks with Chinese authorities. Dutch Trade Minister
Vincent Karremans called this move a "gesture of goodwill" and a step towards resolving tensions related to US security concerns about technology transfer.
Nexperia supplies about 40% of automotive chips, and disruptions had affected major German manufacturers like Bosch, Volkswagen, and BMW, highlighting Europe's supply chain vulnerabilities.