France, Oct. 17 -- Dutch authorities have, for the first time ever, invokedCold War-era legislation to take control of a Chinese-owned microchip factory - prompting backlash from China.The move underlines the intensifying competition between the United States, China and Europe for global leadership in semiconductor technology.
On 30 September, the Netherlands invoked theGoods Availability Actto take control of Nexperia, a European subsidiary of the Chinese chip giant Wingtech headquartered in the Dutch city of Nijmegen, citing risks to national and European economic security.
Both Wingtech and China's leading state-backed semiconductor association say they firmly oppose the move, which was only announced this week.
The Goods Availability...