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Dutch Govt Returns Control of Nexperia to WINGTECH TECHNOLOGY
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The Dutch government returned Nexperia, a Chinese chip manufacturer, to its parent company, WINGTECH TECHNOLOGY (600745.SH).

This follows the Netherlands' earlier announcement of taking control of Nexperia due to concerns that its key technology might be transferred to WINGTECH TECHNOLOGY. However, this move has already begun impacting auto production worldwide.

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Dutch Minister of Economic Affairs, Vincent Karremans, said on social media X that this decision represents a show of goodwill. The authority will dispatch a delegation to Beijing this week to discuss mutually acceptable solutions.
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