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China has agreed to ease a semiconductor export ban that threatened Europe’s car industry, after weeks of tension with the Netherlands over the takeover of chipmaker Nexperia. Earlier this year, the Dutch government took control of Nexperia — a Chinese-owned company based in the Netherlands — using emergency national-security powers. Officials said they needed to…
The Netherlands is facing an unexpected energy challenge as its rapid switch to renewable power strains the national electricity grid. A new government campaign, “Flip the Switch,” is urging people to use less power during peak hours between 4 p.m. and 9 p.m. The warning shows that even one of Europe’s most advanced economies is…
The Dutch government has taken control of chipmaker Nexperia, citing serious governance failures and risks to national security. The company is owned by Chinese firm Wingtech. Officials invoked the Goods Availability Act, a rarely used law, to intervene and block management decisions considered harmful. The takeover allows government oversight without halting routine operations. A Dutch…
