AMSTERDAM (Reuters) -The Dutch government said late on Sunday it is intervening at Dutch chipmaker Nexperia, which manufactures computer chips for the car and consumer electronics industries, due to worries about the possible transfer of crucial technology to the company's parent company, Wingtech of China. In a statement, the Ministry of Economic Affairs said it its intervention is a reaction to administrative shortcomings at the company, and will allow it to reverse or block harmful decisions while production may continue. A spokesperson for the company said Nexperia adheres to "all existing laws and regulations, export controls and sanction regimes." (Reporting by Toby Sterling; editing by Diane Craft)
(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
