THE HAGUE, Netherlands (AP) — The Dutch government has taken the unusual measure of intervening in the business of the Chinese-owned semiconductor company Nexperia, which makes chips used in industries including automotive and consumer technology, citing “acute signals of serious governance shortcomings and actions within Nexperia.”

In a statement released late Sunday, the Dutch ministry of economic affairs said it had invoked the rarely used Goods Availability Act because the concerns about Nexperia's governance “posed a threat to the continuity and safeguarding on Dutch and European soil of crucial technological knowledge and capabilities. Losing these capabilities could pose a risk to Dutch and European economic security.” The statement did not elaborate.

Nexperia, based in the Dutch

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