China retaliates in response to Dutch seizure of Nexperia, blocking chipmaker’s exports following takeover — 861,000 square foot assembly site in Gaungdong affected as trade war spirals
In retaliation against the Dutch government seizing control of the Dutch chip company, Nexperia, from its Chinese parent company, China has now blocked Nexperia from exporting products from the Asian-country, raising trade tensions amidst ongoing trade talks with the US.