Nexperia completed the acquisition of Nowi.

Nexperia, a player in the large-scale production of basic semiconductors for commercial use, completed the acquisition of Nowi, a company that sells battery replacing chips for consumer applications. "We are pleased that, after an period of uncertainty, there is finally clarity. It allows us to realise our ambitions in the Netherlands and our plans in the field of energy efficiency. While we've always said that Nowi's and Nexperia's technology is harmless, today's announcement confirms this. It is important that there is a clear policy that strengthens the Dutch investment climate. In these uncertain times, a transparent, fact-based dialogue between government and business is of paramount importance. We are fully committed to this," Charles Smit, Nexperia Director. On November 27, the Dutch government said that, after an assessment, it won't block Chinese-owned Nexperia's acquisition of Delft-based start-up Nowi.