Earlier quoted context omitted.
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Yes, Fourier Transform never lies when you get it right. :-/s
Touché :)
Dutch government takes control of Chinese-owned chipmaker Nexperia
101–110 of 668 posts
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#102Earlier quoted context omitted.
So what just happened logistically? I assume this is an entirely independent Chinese company without some Dutch sponsor or something. That conforms to local regulations. But now The Dutch government says "we have this new power over you" and that is that. With the consequence presumably being export control on dutch tech, banning from their market, etc? Or were there any more hooks planted that make it easier to forc…
> I assume this is an entirely independent Chinese company without some Dutch sponsor or something. It's not, it's a Dutch company, formed according to Dutch law, with headquarters in the Netherlands, that was bought by another Chinese company a few years ago. Dutch law sets rules on how any company, but especially public companies (so-called naamloze vennootschappen ) must be governed. Even if you own all the shares…
Sounds like the OR (ondernemingsraad) apparently wants to get rid of the CEO for incompetence which is very interesting. It is extremely hard to prove (in a court of law) but a valid reason. I assume they were doing all kind of shady things if they go that route. (Havent read the Court Docs, it is a guess)
OR vs CEO also explains the duplicate entries as they are both representatives of the company.
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#103Earlier quoted context omitted.
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> inferiority complex about China. That's not some s** that someone made up. They/We created an unstoppable beast. They thought that China would be like India or Vietnam or so. Nope. You name it, they build it. We can only "regulate" it - see what Europe has come up with to justify it - with the CO2 nonsense, "human rights" and all that. More regulations are the only way to prevent to get your market over flooded by…
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Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#104It's ok. It's fine when the EU does it. It's only wrong and against capitalism when others do it. Like protectionism.
Well clearly clinging free trade while others pursue protectionism/industrial strategy at massive scales against you isn't sustainable.
Is it hypocrisy of you decide to punch back after getting punched? Not really. And China certainly was the much more protectionist than the EU for the three decades.
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#105Earlier quoted context omitted.
> For context, the law that allows this all to happen was passed in 1952 and has never before been used. Interesting parallel here with China recently invoking - for the first time - their own legislation from the 50's to ban rare earth exports for military uses.
I always wondered how the large unified world of Roman Empire with running water and sewer fell apart (and backwards) into multitude of small feudal pieces with no technology to speak of for the 1000 years after Roman Empire. I think our modern civilization is probably at the beginning of similar process.
Why stop there why not Indus Valley Civilization
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#106Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#107It's ok. It's fine when the EU does it. It's only wrong and against capitalism when others do it. Like protectionism.
I think its fine to have national and strategic interests. China isn't someone that you can just trust, they are exporting to Russia on the sly and therefore supporting war in Europe because it suits them.
The Euro stance on buying US weapons for Ukraine is probably the most dumbest strategic move or the century. Europe is losing at an alarming rate in many ways. I would be more concerned about the US if I were Europe.
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#108Time to quote one of my favourite lines in the Godfather franchise. Probably totally unrelated. “We gladly put you at the helm of our little fleet, but our ships must all sail in the same direction. Otherwise, who can say how long your stay with us will last. It's not personal, it's only business. You should know, Godfather” — The late venerable Don Lucchesi
I couldn’t place this quote, so I googled it and learned it’s from Godfather Part 3. Bold choice to take your favorite quote from that particular movie. :)
Yeah there are so many memorable quotes.
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#109Earlier quoted context omitted.
> For context, the law that allows this all to happen was passed in 1952 and has never before been used. Interesting parallel here with China recently invoking - for the first time - their own legislation from the 50's to ban rare earth exports for military uses.
I always wondered how the large unified world of Roman Empire with running water and sewer fell apart (and backwards) into multitude of small feudal pieces with no technology to speak of for the 1000 years after Roman Empire. I think our modern civilization is probably at the beginning of similar process.
I think we are fine in term of infra -- I don't work as a civil engineer, but considering companies in my city repair the roads every year /s they probably retain the knowledge.
Re: Dutch government takes control of Chinese-owned chipmaker Nexperia
#110Earlier quoted context omitted.
Are you tracking that harvesting REM is a nasty business with a lot of “don’t look” environmental impacts? As such, most countries don’t do it, or have an infrastructure for it.
https://rareearthexchanges.com/best-rare-earth-mining-compan... Plenty of US companies ready and willing. They've finally gotten an administration that is of like mind on screw the environment and dig dig dig.
US also needs all those factories and machinery to process the stuff.