Dutch court orders investigation into China-owned Nexperia / Photo: © ANP/AFP
-
Qualifier Chwalinska downs Shnaider to reach French Open final
-
Robinson rocks New Zealand after England collapse in first Test
-
UN nuclear watchdog raises 'proliferation' fears over Iran sites
-
German prosecutors demand life term over Christmas market attack
-
Hamilton coy on Monaco chances
-
IMF boosting financial support for four African nations over war impact
-
'In the queue': Busy with Iran, US has little energy for Kyiv
-
Richard Gere says 'ashamed' of US migration policy
-
Romanian president nominates EU deputy Tomac as PM to end deadlock
-
Leclerc rejected rival offers to stick with Ferrari
-
What we know about Trump relatives' project in Albania
-
German prosecutors demand life term for Christmas market attack
-
Oil drops, stocks mostly higher despite AI concerns
-
Shaheen-led Pakistan dismisses Australia for 157 in third ODI
-
Iran leader says dealt enemies 'decisive blow' in Middle East war
-
'Blood gold': how gangs took control of Venezuela's mines
-
Andreeva races past Kostyuk to reach French Open final
-
Is Iran's new supreme leader taking up the reins of power?
-
Hungary drops charges against organisers of banned Pride marches
-
Hezbollah chief rejects truce, demands Israeli withdrawal from Lebanon
-
Mourinho takes Turkey to top Europe rights court over sanctions
-
England collapse against New Zealand in first Test
-
Mboko hails 'Queen' Serena ahead of tennis legend's return
-
Brazil may purchase 20 more fighter jets from Sweden
-
UK PM says Elon Musk 'trying to whip up division' over student's murder
-
Iraola jets in to Liverpool to finalise Anfield deal
-
Guardiola quit '100 times' before leaving, says Man City chairman
-
Martinez Novell replaces Hjulmand as Leverkusen coach
-
Napoli confirm Conte exit with Allegri tipped as new coach
-
MEXC Tops New Contract Listings in CoinGecko's 2026 State of Crypto Perpetuals Report
-
New Zealand dismiss England debutant Gay before rain halts 150th Lord's Test
-
Vast astronaut mission kicks off commercial race to replace ISS
-
Zverev heads up final four in men's French Open semis
-
What we know about Kushner's project in Albania
-
Iran leader says dealt enemies 'decisive blow' in Mideast war
-
City weigh legal action after Real Madrid presidential hopeful targets Haaland
-
French pair propose new term to define 'environment'
-
'Persepolis' author Marjane Satrapi dies aged 56
-
SpaceX seeks a record $75 bn in stock market debut
-
Israel strikes Lebanon after truce announcement
-
Somalia capital rocked by gunfire and fighting overnight
-
South Korea ruling party fails to flip Seoul in blemish on local poll results
-
South Africa's closed white enclave attracting Afrikaner youth
-
Nigerian museum revamp brings treasures within reach
-
Nepali climber alive after six days missing on Everest
-
South Korea's ruling party fails to flip Seoul in blemish to local polls showing
-
Brunson vows no let up after Knicks comeback sinks Spurs
-
From poplars to pistachios, Afghans rediscover the value of trees
-
South Korea edge El Salvador 1-0 in final World Cup warm-up
-
Wembanyama 'not worried' after Knicks stun Spurs in finals opener
Dutch court orders investigation into China-owned Nexperia
A Dutch court on Wednesday ordered a formal investigation into alleged mismanagement at Nexperia, a Chinese-owned chip firm at the centre of a global tug-of-war over critical semiconductor technology.
The firm, based in the Netherlands but whose parent company is China's Wingtech, has been the subject of a standoff between Beijing and the West, which threatened to hobble car manufacturers that rely on its chips.
"(The court) finds that there are valid reasons to doubt the sound policy and conduct of business at Nexperia and orders an investigation," said the Amsterdam-based Enterprise Chamber in a statement.
The investigation is expected to take several months.
The court had previously played a key part in the row over Nexperia in October when it suspended the Chinese CEO Zhang Xuezheng, also known as Wing, citing concerns over his management.
These measures remain in force with the opening of the probe, the court said.
"The director remains suspended. The appointment of a temporary director at Nexperia and the transfer of the shares in Nexperia remain in effect," said the court in a statement.
C.Bruderer--VB