Once the scrappy entrepreneur who helped make smartphones affordable, Zhang Xuezheng now finds his semiconductor empire under siege. The Dutch takeover of Nexperia marks a dramatic turn in his high-tech odyssey amid global power rivalries. Was the move justified? Lianhe Zaobao’s China Desk looks into the company and its founder.
But that wouldn’t make for a catchy headline, would it?
He is a victim tho.
It’s part of Trump trade war, Trump did the blacklist forcing dutch.
The Dutch took control of Nexperia the day after the U.S. on Sept. 29 expanded a trade blacklist of companies that pose national-security risks to also include subsidiaries that are at least 50% owned by listed entities.