Battle over Chinese chip maker rocks global car industry

The Dutch government's takeover of a Chinese-owned chip company, Nexperia, has triggered disruptions in the global car industry, affecting supply chains and creating tension between China and the Netherlands. This move, spurred by concerns over governance issues, has highlighted vulnerabilities in chip supply chains crucial to car manufacturing. The incident underscores the growing complexities of global trade dynamics and the challenges faced by companies in navigating geopolitical tensions impacting their operations.