China and the Netherlands wrestle to control key chipmaker Nexperia

Major chipmaker Nexperia is being torn apart by a tug-of-war between China and the Netherlands, sparking concerns from the global automotive industry. The fight started in September, when the Dutch government seized control of Nexperia, headquartered in the Netherlands but owned by a Chinese firm. This weekend, Nexperia employees at the Chinese branch received conflicting orders from higher-ups in China and in the Netherlands. On Tech 24, we look at how the saga is affecting EU-China relations, how the United States is involved, and what it all means for your next car purchase.