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Seized chip company races to split from China as car industry crisis looms

Summary
A chip maker dramatically taken over by the Dutch government is preparing to rapidly step up production outside of Beijing’s orbit. Nexperia, which the Netherlands seized from its Chinese owner last month, is seeking to double production at its site in Malaysia, amid a Beijing trade embargo that threatens to bring car production to a standstill.

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  • 50% of the sources are Center, 50% of the sources lean Right
50% Right

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CNBC broke the news in United States on Saturday, November 1, 2025.
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