Live data from Hacker News

Netherlands returns control of Nexperia to Chinese owner

bloomberg.com

11–20 of 46 posts

Re: Netherlands returns control of Nexperia to Chinese owner

#12
post #9

Well 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 t…

What if I told you that China has more influence over the EU than it has over the Kamer der Staten-Generaal( the Dutch parliament), thus they are using the EU to pressure the dutch. The irony is that European Sovereignty is respected when all the countries of Europe are able to make their own sovereignty respected i.e. it is each of the individual states making their own sovereignty respected that actually elevates the sovereignty of Europe, the EU by pressuring, disregarding and relegating the sovereignty of the member states devalues the collective sovereignty of Europe. Additionally adversaries need only focus on having leverage over EU officials and the EU officials will do their bidding for them.

Re: Netherlands returns control of Nexperia to Chinese owner

#13
I must say I feel very vindicated by this. The seizure of control of the company just for appointing a CEO from China (the horror!) never smelled right to me, but everyone in the previous comment section on this tried to rationalize it with "There must be some legitimate national security reason for the Dutch to do this". Clearly not much of a threat for them to cave so quickly!

Re: Netherlands returns control of Nexperia to Chinese owner

#14
post #7
post #4

Earlier quoted context omitted.

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 cha…

Idk. It's hard to hit The Netherlands in particular, since trade is with the EU as a block, not with individual countries.

Re: Netherlands returns control of Nexperia to Chinese owner

#15

I must say I feel very vindicated by this. The seizure of control of the company just for appointing a CEO from China (the horror!) never smelled right to me, but everyone in the previous comment section on this tried to rationalize it with "There must be some legitimate national security reason for the Dutch to do this". Clearly not much of a threat for them to cave so quickly!

[flagged]

Re: Netherlands returns control of Nexperia to Chinese owner

#16
post #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 d…

>Why do the dutch feel the need to show goodwill towards CCP?

They're not showing goodwill, they're desperate. Why did the Netherlands (read the US) think it's in any position to seize a company from China when the entire auto industry is dependent on Chinese chips?

I can't help but laugh at this, as a European even. China unlike our esteemed continent isn't going to have its businesses commandeered around by Washington, we should take a lesson in self-respect from them. It's also not on us to dictate what system of government they run their country on. Thankfully someone isn't putting up with Washington's crap.

Re: Netherlands returns control of Nexperia to Chinese owner

#17

Well 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…

Are you sure this is right, and if so would you mind sharing a source for this?

According to the Nexperia 2024 annual report [1], they had just committed to _invest_ in the Hamburg site for their WBG/SiC/GaN production lines. Closure of the fab in Nijmegen was actually reported by NXP[2] not Nexperia - different companies.

[1] https://www.nexperia.com/dam/jcr:fc307e7e-e159-482c-b21b-0f9... [2] https://bits-chips.com/article/closure-of-nxps-nijmegen-fab-...

Re: Netherlands returns control of Nexperia to Chinese owner

#18
post #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 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.

a bit tired of auto industry's "just in time" supply managment. they had the same problem when covid closed everything down and now 5 years later they still have not learned that they cant just order "enough for 1-2 months of production" and not more. It's not like the parts change in 2 months.

Re: Netherlands returns control of Nexperia to Chinese owner

#19
post #9

Well 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 t…

The CPC leadership have plenty of personal assets stashed in the EU/UK. It would be easy enough to take them to the cleaners by prosecuting them for violating Chinese AML laws.

Re: Netherlands returns control of Nexperia to Chinese owner

#20
post #18

Earlier quoted context omitted.

"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.

a bit tired of auto industry's "just in time" supply managment. they had the same problem when covid closed everything down and now 5 years later they still have not learned that they cant just order "enough for 1-2 months of production" and not more. It's not like the parts change in 2 months.

[deleted]
Post reply on HN