The Dutch government’s recent seizure of control over the Chinese-owned semiconductor manufacturer Nexperia has ignited a diplomatic row with China, with state media and analysts accusing the Netherlands of “21st-century piracy.” The move, executed under the Goods Availability Act on September 30, was justified by the Dutch Minister of Economic Affairs as a measure to address “serious governance shortcomings” and ensure the availability of Nexperia’s products in emergencies. However, Chinese commentators argue that the decision reflects political coercion and discriminatory practices. Nexperia, a subsidiary of Wingtech Technology, has faced increasing scrutiny from European authorities since its acquisition in 2018. The UK government forced the company to sell its Newport wafer plant in 2022, citing national security concerns, while German regulators blocked public funding for its battery-efficiency research in 2023. The Dutch government’s demands included establishing a supervisory board with veto powers over key business decisions and exploring a public listing in the EU, which Wingtech rejected. Chinese state media, including the Global Times, condemned the actions as an attempt to seize Chinese technological achievements. Analysts warn that China could retaliate by leveraging its dominance in rare earth production and other strategic sectors, potentially harming Dutch industries. The situation underscores the escalating geopolitical tensions surrounding semiconductor technology and global trade.