Nexperia – Update on Company Developments
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Nexperia – Update on Company Developments
1–10 of 14 posts
Re: Nexperia – Update on Company Developments
#2Key part
> On 4 October 2025, the Chinese Ministry of Commerce issued an export control notice prohibiting Nexperia China and its subcontractors from exporting specific finished components and sub-assemblies manufactured in China. Nexperia is actively engaging with the Chinese authorities to obtain an exemption from these restrictions and has deployed all available resources to that end. Nexperia is in close dialogue with all relevant national and local government authorities to mitigate the impact of this measure.
Re: Nexperia – Update on Company Developments
#3Related:
Dutch government takes control of Chinese-owned chipmaker Nexperia
Re: Nexperia – Update on Company Developments
#4Key part > On 4 October 2025, the Chinese Ministry of Commerce issued an export control notice prohibiting Nexperia China and its subcontractors from exporting specific finished components and sub-assemblies manufactured in China. Nexperia is actively engaging with the Chinese authorities to obtain an exemption from these restrictions and has deployed all available resources to that end. Nexperia is in close dialogue…
This doesn't make any sense, why do the Dutch think taking control of Nexperia will somehow force China to provide components to them?
The Dutch ASML is prohibited from providing EUV to China which is apparently what forced China to decouple. Little wonder the other day the Chinese said "We aren't afraid of trade war". Escalating this BS brings nothing good to ordinary people.
Re: Nexperia – Update on Company Developments
#5Interesting to see the extended US BIS rules explicitly mentioned.
Hints at US involvement.
The Chinese said that their latest rare earth restrictions were a reaction to this and the US port fees, both of which they see a breach of the implicit truce reached in the US China trade negotiations.
See:
US Export Controls Force Beijing Response, Putting Relationship Back at the Brink
https://pstaidecrypted.substack.com/p/us-export-controls-for...
Re: Nexperia – Update on Company Developments
#6Interesting to see the extended US BIS rules explicitly mentioned. Hints at US involvement. The Chinese said that their latest rare earth restrictions were a reaction to this and the US port fees, both of which they see a breach of the implicit truce reached in the US China trade negotiations. See: US Export Controls Force Beijing Response, Putting Relationship Back at the Brink https://pstaidecrypted.substack.com/p/…
The Dutch government just explicitly denied any foreign involvement, while at the same time acknowledging that a few years ago the export restrictions for ASML were implemented because of US involvement.
Tbh, I don't know what the truth is. I'm a Dutch citizen and what is happening now is unheard of. I don't know what the motivation is and it seems to have happened out of the blue. Maybe the motivation literally is protecting the European semiconductor industry.
I seriously doubt it is aimed against China. Europe is not looking for a trade war, especially now that the US is an unpredictable ally (if they still are) and basically the whole geopolitical situation is shifting. China is also not a topic for Dutch politicians, so it's not winning anyone votes.
Re: Nexperia – Update on Company Developments
#7Interesting to see the extended US BIS rules explicitly mentioned. Hints at US involvement. The Chinese said that their latest rare earth restrictions were a reaction to this and the US port fees, both of which they see a breach of the implicit truce reached in the US China trade negotiations. See: US Export Controls Force Beijing Response, Putting Relationship Back at the Brink https://pstaidecrypted.substack.com/p/…
The Dutch government just explicitly denied any foreign involvement, while at the same time acknowledging that a few years ago the export restrictions for ASML were implemented because of US involvement. Tbh, I don't know what the truth is. I'm a Dutch citizen and what is happening now is unheard of. I don't know what the motivation is and it seems to have happened out of the blue. Maybe the motivation literally is p…
You can read the judgment here: https://uitspraken.rechtspraak.nl/details?id=ECLI:NL:GHAMS:2... It looks like the CEO engaged in self-dealing, tried to revoke the CFO's bank authorization to transfer it to other people and after the CLO argued that this was legally inadvisable, tried to fire the CFO, CLO and COO. It's not explained how the Ministry of Economic Affairs got involved, but presumably one of those people alerted them to what was going on.
Re: Nexperia – Update on Company Developments
#8Key part > On 4 October 2025, the Chinese Ministry of Commerce issued an export control notice prohibiting Nexperia China and its subcontractors from exporting specific finished components and sub-assemblies manufactured in China. Nexperia is actively engaging with the Chinese authorities to obtain an exemption from these restrictions and has deployed all available resources to that end. Nexperia is in close dialogue…
This doesn't make any sense, why do the Dutch think taking control of Nexperia will somehow force China to provide components to them? The Dutch ASML is prohibited from providing EUV to China which is apparently what forced China to decouple. Little wonder the other day the Chinese said "We aren't afraid of trade war". Escalating this BS brings nothing good to ordinary people.
The Chinese export ban on 4 October is a reaction to the 7 October Dutch takeover even though the dates are reversed, because the Dutch action involved court proceedings before being finalized whereas the Chinese action presumably didn't.
Re: Nexperia – Update on Company Developments
#9Interesting to see the extended US BIS rules explicitly mentioned. Hints at US involvement. The Chinese said that their latest rare earth restrictions were a reaction to this and the US port fees, both of which they see a breach of the implicit truce reached in the US China trade negotiations. See: US Export Controls Force Beijing Response, Putting Relationship Back at the Brink https://pstaidecrypted.substack.com/p/…
The Dutch government just explicitly denied any foreign involvement, while at the same time acknowledging that a few years ago the export restrictions for ASML were implemented because of US involvement. Tbh, I don't know what the truth is. I'm a Dutch citizen and what is happening now is unheard of. I don't know what the motivation is and it seems to have happened out of the blue. Maybe the motivation literally is p…
Dutch seized Chinese chipmaker following US pressure
https://www.politico.eu/article/us-pressured-the-netherlands...
…
Newly published court proceedings reveal that the Dutch Foreign Affairs Ministry and a U.S. government bureau that protects U.S. critical technology met in June to talk about Nexperia, the Dutch-based chipmaker owned by Chinese technology group Wingtech.
In the meeting, U.S. officials said the removal of the CEO, Wingtech founder Zhang Xuezheng, would be necessary to exempt the company from U.S. export controls.
…
Re: Nexperia – Update on Company Developments
#10Interesting to see the extended US BIS rules explicitly mentioned. Hints at US involvement. The Chinese said that their latest rare earth restrictions were a reaction to this and the US port fees, both of which they see a breach of the implicit truce reached in the US China trade negotiations. See: US Export Controls Force Beijing Response, Putting Relationship Back at the Brink https://pstaidecrypted.substack.com/p/…
The Dutch government just explicitly denied any foreign involvement, while at the same time acknowledging that a few years ago the export restrictions for ASML were implemented because of US involvement. Tbh, I don't know what the truth is. I'm a Dutch citizen and what is happening now is unheard of. I don't know what the motivation is and it seems to have happened out of the blue. Maybe the motivation literally is p…
I think your assumption that Dutch politicians defend the interests of Dutch citizens, if only for winning votes, is wrong. European politician respond first (or only?) to the US. As a EU citizen, I take no pleasure in saying this.