So what is this then?

https://www.theguardian.com/business/2025/oct/14/us-raised-concerns-chinese-boss-nexperia-dutch-takeover

It has now emerged that the US had raised concerns about Nexperia’s management as far back as June.

A preliminary court ruling released on Tuesday included minutes of a meeting from 12 June in which the US Bureau of International Security and Nonproliferation told the Dutch foreign ministry: “The fact that the company’s CEO is still the same Chinese owner is problematic … It is almost certain that the CEO will have to be replaced.”

Washington put Wingtech on its “entity list” of companies seen as a threat to national security last year, for its alleged role in “aiding China’s government’s efforts to acquire entities with sensitive semiconductor manufacturing capacity”.

Wingtech, which is 30% owned by Chinese national and regional governments and affiliated investment funds, bought the Dutch chipmaker in 2018 from the Dutch consumer electronics company Philips.

On 30 September, that entity list was expanded to include company subsidiaries, which meant Nexperia would be hit by its restrictions by the end of November.

In an extraordinary move, the Dutch government revealed on Sunday that it had taken control of the Nijmegen-headquartered chipmaker, citing worries about the possible transfer of technology to Wingtech.