Dutch government allegedly folds to supply chain pressure, will relinquish control of Nexperia in China spat — reports say deal contingent upon China allowing firm to resume chip exports

The Dutch government is reportedly ready to give up its control of Nexperia if Beijing allows its China unit to resume exports. Sources say that Nexperia may resume operations without government oversight as early as next week, provided that it has verified that chip shipments have restarted and that the financial issues between the Nexperia HQ and its China operations have been resolved, as reported by Bloomberg. The Netherlands seized control of this niche chip maker in early October after it raised…