this post was submitted on 31 Oct 2025
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[–] cyd@lemmy.world 5 points 1 week ago

He took over a failing Dutch tech company and turned it around. Nexperia was on the path to bankruptcy, that's why it was on the market to be sold back in 2017. His company injected capital and made it profitable. Even last year, his parent company even announced a $200M expansion of Nexperia's Hamburg plant, which totally goes against the narrative that they were moving production out of Europe.

The Dutch govt is trying to spin this, but they have like 5 different storylines and none of them make sense.