Dutch court orders investigation into China-owned Nexperia

The firm, based in the Netherlands but whose parent company is China's Wingtech, has been the subject of a standoff between Beijing and the West, which threatened to hobble car manufacturers that rely on its chips. "(The court) finds that there are valid reasons to doubt the sound policy and conduct of business at Nexperia and orders an investigation," said the Amsterdam-based Enterprise Chamber in a statement. The investigation is expected to take several months. The court had previously played...