Serious stuff! Quite unusual I suppose!
"A diplomatic crisis erupted after the Dutch government seized control of semiconductor maker Nexperia, prompting its Chinese division to declare independence and defy European management. The Netherlands invoked a Cold War-era law to justify the takeover, citing security risks tied to the company’s Chinese parent."
"The Dutch government believed chipmaker Nexperia's Chinese owners planned to move its manufacturing operations to China, prompting the unprecedented seizure of the company that has sent shock waves through the global tech world.
Earlier this month, authorities seized control of Nexperia's management and ousted its Chinese CEO, Zhang Xuezheng, citing national security concerns. ..."
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