Dutch minister fears ‘national security risk’ from Chinese ownership of Anteryon

May 01, 2024

By Thomas Macaulay

Another Dutch tech firm has been caught in the simmering tensions between the West and China. Amid growing calls to curb Chinese access to chipmaking equipment from ASML, a Dutch minister has raised a separate alarm about the sale of Philips spinoff Anteryon. Although the digital-optics developer remains based in Eindhoven, the business was bought in 2019 by China’s Jingfang Optotelectronics. The Suzhou-based firm reportedly spent between €40mn and €50mn on the acquisition. Following a separate buyout in 2021, the chip company China Wafer became Jinfang’s majority shareholder. These deals attracted the concerns of Micky Adriaansens, the outgoing Dutch Economy…

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Source:: The Next Web

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