The Dutch government announced on Sunday that it is taking action at Nexperia, a Chinese-owned major local chipmaker, citing concerns that sensitive technology could be transferred to its Chinese parent company, Wingtech. Nexperia produces semiconductors widely used in automotive and consumer electronics industries.The Ministry of Economic Affairs said the intervention responds to “administrative shortcomings” within the firm and gives authorities temporary powers to reverse or block decisions deemed potentially harmful to national security, while allowing normal production to continue.Nexperia said in a statement that it complies fully with all relevant laws, export controls, and sanctions regimes.The ministry described the move, taken under emergency legislation designed to safeguard the supply of critical goods, as “highly exceptional”, adding that the decision could face a court appeal. This article was written by Eamonn Sheridan at investinglive.com.