The Dutch government controls China -owned chip firm

The Dutch government has taken possession of Chinese -owned Chipmaker Nexaria in the Netherlands.

Heg said the “lack of serious stewardship” and in case of an emergency, the decision was taken to prevent the chips from being unavailable.

Nexaria owner Wingatek said on Monday that he would take action to protect his rights and support the government.

The threat of tensions between the European Union and China has increased in recent months due to the development of trade and Beijing with Russia.

In December 224, the US government placed Wingtec on its so -called “list of existence” and recognized the company as a national security concern.

According to the rules, American companies are forbidden to export the business in the list without special approval of American -made goods.

In the UK, NEXPERIA was forced to sell silicone chip plant in neutsAfter MPs and ministers expressed national security concerns. There is currently UK facility in stockport.

The Dutch Economic Ministry has said that in Nexperia, a “extreme exceptional” decision has been made to request the law of availability of goods on “severe significant significant significance of lack of stewardship”.

“This signal threatened the consistency and protection of important technology on Dutch and European soil,” the ministry said in a statement.

“Losing these capabilities may be a threat to Dutch and European financial security.”

The statement did not give details why the functioning of the firm felt dangerous. A spokesman for the Financial Affairs Minister told the BBC that there was no further information.

The availability of goods is designed to allow Hague to interfere with companies in exceptional circumstances. This includes dangers to ensure the country’s financial security and the supply of serious goods.

According to the order, the Dutch Financial Transaction Minister Vencent Carrames, the Netherlands, or European, could revert to the decision or prevented NEXRIA to ensure that the supply was available for the benefit of the company or in an emergency situation.

The Dutch government added that the company’s production could continue as normal.

“This solution is aimed at reducing the risk,” the ministry said.

Shanghai-list shares in the native of Nexaria, the native of Nexaria, declined by 10% on Monday morning.

A spokesman for Nexaria said the company “complies with all existing laws and regulations, complies with export controls and approval rules” and no reaction.

In a statement to Mandarin, Wingtek said his functioning continued and he continued to interact closely with the suppliers and customers.

Wingtec Earlier this month, the company president Zhang Zuzing was suspended from the NEXRIA board at the order of the Ter Masterdam court, a stock said.

Company lawyers were also discussed about possible legal measures, he said.

The BBC has also contacted the Chinese embassy in the Netherlands and Brucells.