Netherlands returns control of Nexperia to Chinese owner
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Re: Netherlands returns control of Nexperia to Chinese owner
#2> The order that gave the Netherlands powers to block or revise decisions at Nexperia was dropped as “a show of goodwill”
Why wouldn't CCP/Beijing just be emboldened by this? Why do the dutch feel the need to show goodwill towards CCP?
(Edit: I see a lot of turbulence with this comment. I wonder why people seem to think it's invalid. The Chinese government runs these strategic companies very closely. China is not a democracy. It is a de facto dictatorship run by the CCP, the Chinese Communist Party. Nothing of this really a controversial opinion.)
Re: Netherlands returns control of Nexperia to Chinese owner
#3> The order that gave the Netherlands powers to block or revise decisions at Nexperia was dropped as “a show of goodwill” Why wouldn't CCP/Beijing just be emboldened by this? Why do the dutch feel the need to show goodwill towards CCP? (Edit: I see a lot of turbulence with this comment. I wonder why people seem to think it's invalid. The Chinese government runs these strategic companies very closely. China is not a d…
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Re: Netherlands returns control of Nexperia to Chinese owner
#4> The order that gave the Netherlands powers to block or revise decisions at Nexperia was dropped as “a show of goodwill” Why wouldn't CCP/Beijing just be emboldened by this? Why do the dutch feel the need to show goodwill towards CCP? (Edit: I see a lot of turbulence with this comment. I wonder why people seem to think it's invalid. The Chinese government runs these strategic companies very closely. China is not a d…
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That is almost always the case, but please expand.
Re: Netherlands returns control of Nexperia to Chinese owner
#5Well the Chinese are powerful and without the help of the US the Netherlands can't do much. Additionally, the process of moving discrete semiconductor production to China is already underway. Production in Hamburg will stop sometime in late 2029 and the R&D center in Nijmegen, Delft will close done late 2028. The US should have helped the Netherlands but now it is over the Chinese won this battle and fairly easily they did not need to use much of the leverage that they had. The commentary by EU officials shows that they used a top down approach using the EU to pressure the Dutch.
Re: Netherlands returns control of Nexperia to Chinese owner
#6> The order that gave the Netherlands powers to block or revise decisions at Nexperia was dropped as “a show of goodwill” Why wouldn't CCP/Beijing just be emboldened by this? Why do the dutch feel the need to show goodwill towards CCP? (Edit: I see a lot of turbulence with this comment. I wonder why people seem to think it's invalid. The Chinese government runs these strategic companies very closely. China is not a d…
"show of goodwill" is politician-speak for capitulation. Taking over Nexperia caused a chip shortage for the german auto industry, which was an unintended consequence that they couldnt handle.
Re: Netherlands returns control of Nexperia to Chinese owner
#7Earlier quoted context omitted.
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That is almost always the case, but please expand.
Maybe I was being a bit flippant, but I don't buy the "goodwill" argument. It's probably went, and by the article, something like this:
China: Great, two can play this game, how about you now lose access to X,Y,Z that may be manufacturing, fabs, investments, rare earths, Chinese markets, etc.
Netherlands: Hmm, that costs more than this company by an order of magnitude. Take it.
This isn't taking into account back channel dealing, conflicts of interest or really anything besides a surface level reading of situation. They had them by the balls.
Re: Netherlands returns control of Nexperia to Chinese owner
#8Well the Chinese are powerful and without the help of the US the Netherlands can't do much. Additionally, the process of moving discrete semiconductor production to China is already underway. Production in Hamburg will stop sometime in late 2029 and the R&D center in Nijmegen, Delft will close done late 2028. The US should have helped the Netherlands but now it is over the Chinese won this battle and fairly easily th…
Additionally I forgot to mention the withholding of shipments from China of the finished product that served as a public(visible) leverage.
Re: Netherlands returns control of Nexperia to Chinese owner
#9Well the Chinese are powerful and without the help of the US the Netherlands can't do much. Additionally, the process of moving discrete semiconductor production to China is already underway. Production in Hamburg will stop sometime in late 2029 and the R&D center in Nijmegen, Delft will close done late 2028. The US should have helped the Netherlands but now it is over the Chinese won this battle and fairly easily th…
Perhaps something could have been done via the EU. (No, I know, France/Italy/Spain/Germany are way too obsessed with their exports to PRC.)
Been there/done that - Sweden was unjustly bullied by China and got next to no support from EU. That was a mask off moment for some of us. It seems that for member states like Sweden and the Netherlands, we're supposed to just pay a lot of money in order to get toll-free access to the internal market.
Edit: I would welcome a split into EU North and EU South. Sort of like Aldi North and Aldi South.
EU North: UK (welcome back!), Norway (hello!), Denmark, Sweden, Finland, Netherlands, Estonia.
EU South: The other countries.
Re: Netherlands returns control of Nexperia to Chinese owner
#10Does it need legislation system to pass this or judges can block this somehow? It’s pay walled so not sure.