It seems that microchips are a major export, a single industry in a country collapsing can cause a lot of damage. From other mentioned articles, it seems like the company was setup to extract all value to prop up another company... not dissimilar from K-mart and Sears stripped of all value at the end. Now imagine that accounts for say even 5% of GDP and other industries rely on that product as well.
I've been advocating for years that US prescription medications should require dual sourcing and at least 50% domestic production purely for security reasons. You can ramp up from 50% with multiple providers a lot easier than 0.
I can see that. WingTech bought it for profit, the best way to get the maximum reward is from the stock market. It is actually not rare operation in Chinese companies. But I doubt this is the reason Dutch government would interfere using the national security excuse. There are other ways to handle this, and would be less damaging. I am more inclined to believe that the US's pressure and the current management who wants to use this as a chance to take control of the company.
I've been advocating for years that US prescription medications should require dual sourcing and at least 50% domestic production purely for security reasons. You can ramp up from 50% with multiple providers a lot easier than 0.