Dutch semiconductor maker Nexperia faces corporate mismanagement case with Chinese owners in Amsterdam courtroom. Dutch government seized control in national security concern. Chinese CEO Zhang Xuezheng replaced. Beijing temporarily blocked chip exports in October, causing global auto manufacturers to scramble for alternatives. Standoff between Nexperia’s headquarters and Chinese unit continues, impacting chip supply chain. China demands Netherlands correct “mistakes” in causing global chip supply chain crisis. Nexperia’s bid to acquire chipmaker blocked by British government in 2023.

Read more at Yahoo Finance: Dutch court hears arguments in Nexperia mismanagement case that upset the global auto industry