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The Chinese subsidiary of chipmaker Nexperia has instructed employees to disregard external directives amid growing tensions with its Dutch headquarters. This development follows the Netherlands government’s seizure of the company, raising questions about corporate control in the global semiconductor sector.
Nexperia’s Chinese unit has declared operational independence from its Dutch headquarters, according to reports from the company’s official WeChat communications. The Chinese subsidiary stated that employees should follow local leadership guidance and have the right to disregard external instructions, signaling a significant corporate division within the global semiconductor manufacturer.
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China’s economic growth decelerated to 4.8% in the third quarter of 2025, marking its slowest pace in a year. The moderation comes as trade tensions with the United States intensify following Beijing’s imposition of rare earth export controls.
China’s economic expansion slowed during the three months ending September 2025, with the world’s second-largest economy growing at its most modest rate in a year, according to official figures released Monday. The National Bureau of Statistics data indicates the economy grew by 4.8% compared to the same period in 2024, reflecting the impact of escalating trade tensions with the United States.
