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Dutch government takes control of Chinese-owned chipmaker Nexperia

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Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#131

Post by lawlessone »

masfuerte wrote: post #94
piskov wrote: post #9

Also real kicker from 2022: The UK used its National Security & Investment Act (2021) to order divestment of Nexperia’s Newport Wafer Fab in Nov 2022. The UK ordered them to sell 86% of the stake due to National Security concerns https://www.gov.uk/government/publications/acquisition-of-ne...

There was also some drama around British Steel back in April with the government seizing control from China: https://www.bbc.co.uk/news/articles/ckg17g39x41o

afaik there was the added danger there that if the blast furnaces are turned off its very difficult /impossible to start them again.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#132

Post by mk89 »

Sammi wrote: post #119
mk89 wrote: post #86

Earlier quoted context omitted.

They would, they do and they did it. But we called them communists for doing so. ;)

You're not a murderer for killing in self defence. You are allowed to defend yourself.

Yeah, the next step is to actually think "they are all potential enemies, we should produce here and be independent, so in case there is a war we can make it". Autarky is how Fascism began.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#133

Post by itopaloglu83 »

Doxin wrote: post #5

Some more context from a dutch news source[0]: The ministry of economic affairs intervened out of a fear that crucial technological skills and capacities will leave the Netherlands and Europe. The ministry stated in a press release[1] that there was a threat of a "knowledge leak" (w/e that means exactly) and a possible threat to the European economy. After this intervention the Dutch government can now stop or revers…

Everybody is a fan of free access and capital markets, until a foreign entity purchases something of importance.

It’s a continuation of recent trends and closing markets.

Nobody in their sane mind would allow a company like ASML or the likes to be purchased by competitors.

But the irony is that when a non-European entity were to do something like this, e.g. nationalize their oil or mining etc. industry or a firm, the whole hell would brake loose.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#134

Post by mk89 »

corimaith wrote: post #95
mk89 wrote: post #86

Earlier quoted context omitted.

They would, they do and they did it. But we called them communists for doing so. ;)

Economic Nationalism is not Communism by any sense. Nor is responding to mercantilism. But the CCP explicitly considers themselves Marxism-Leninism with and their internal beliefs and government structure is structurally follows that. We consider them Communists and they consider themselves Communist. They do not consider us Communist and we don't either. You're trying to create a false conflation here and stir divis…

You can call it Economic nationalism all you want, but these are similar principles that were applied in authoritarian states like in Fascist/Nazi times.

I don't care if they are Communists - we call them like that to say "they're authoritarian", however, we're failing to see where we (West) are getting. In order to "defend" our democracy we're becoming increasingly like them.

To think that all that it takes would be to change our lifestyle NOT to buy anymore 5 pairs of low quality shoes per year or so, but 1 or 2 good ones, maybe made by your neighbour. Which is exactly how I grew up with, until someone told us that we need to buy a load of cheap crap, otherwise you're not cool.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#135

Post by galangalalgol »

khuey wrote: post #92
q3k wrote: post #23

Earlier quoted context omitted.

> I assume this is an entirely independent Chinese company. It's worth noting that Nexperia is a spin-off of NXP (Dutch company) which itself is a spin-off of Philips' (Dutch company) semiconductor division. It's also worth noting that Nexperia's Chinese owners (Wingtech) are at least partially state controlled.

Nexperia was also spun off to placate Chinese regulators back when Qualcomm wanted to acquire NXP, and then after the spin off the Chinese regulators still refused to approve the acquisition.

Does that mean teensy mcu are now chinese owned? That was one of the last non chinese mcu available.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#136

Post by HPsquared »

itopaloglu83 wrote: post #133
Doxin wrote: post #5

Some more context from a dutch news source[0]: The ministry of economic affairs intervened out of a fear that crucial technological skills and capacities will leave the Netherlands and Europe. The ministry stated in a press release[1] that there was a threat of a "knowledge leak" (w/e that means exactly) and a possible threat to the European economy. After this intervention the Dutch government can now stop or revers…

Everybody is a fan of free access and capital markets, until a foreign entity purchases something of importance. It’s a continuation of recent trends and closing markets. Nobody in their sane mind would allow a company like ASML or the likes to be purchased by competitors. But the irony is that when a non-European entity were to do something like this, e.g. nationalize their oil or mining etc. industry or a firm, the…

"For my friends, everything; for my enemies, the law."

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#137

Post by xboxnolifes »

reliabilityguy wrote: post #129
HSO wrote: post #106

Earlier quoted context omitted.

[flagged]

> As soon as it gets inconvenient or the table is turned, they are dropped like a hot potato. I am confused. Are non-“western” stars/nations better in this regard? I am not sure I understand what you are trying to say.

It doesn't matter if they are better or worse. Your own principles should not be things that shift based on what somebody else does.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#138

Post by tmnvix »

mk89 wrote: post #132
Sammi wrote: post #119

Earlier quoted context omitted.

You're not a murderer for killing in self defence. You are allowed to defend yourself.

Yeah, the next step is to actually think "they are all potential enemies, we should produce here and be independent, so in case there is a war we can make it". Autarky is how Fascism began.

"Super Sparta"

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#139

Post by fwipsy »

dragonelite wrote: post #36
Doxin wrote: post #11

Earlier quoted context omitted.

Believe it or not, but the dutch government has agency. It's not impossible for US pressure to be a factor, but I think it's more likely the management of the company was planning to move production to china or something like that. That'd (rightly!) spook the government into some quick action, especially given the political climate around Russia seemingly not being content with having their war confined to Ukraine. U…

The US has immense pressure on the dutch government, given their control over ASML . Its US big tech and semi design studios that determines who will need to buy EUV from ASML. Given ASML is not allowed to do business with China, Russia etc.

You could just add easily argue that the Dutch government has immense leverage over the US, since ASML controls the leading edge fab technology that underpins Nvidia etc. It seems more to me like a highly profitable partnership that neither side can credibly threaten to withdraw from.

Re: Dutch government takes control of Chinese-owned chipmaker Nexperia

#140

Post by tmnvix »

this_user wrote: post #122
tmnvix wrote: post #17

Earlier 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.

That whole REE thing is more of a scare tactic than anything. REEs are really not all that rare, and the current imports of REEs into the US are worth around $200-250M annually. That is millions, not billions. It's actually a laughably small amount. The main reason that it's mostly China producing them may simply be due to the fact that the volumes are so small that building your own industry is not really worth it.

Dollar value is not the point. For the US MIC this matters a lot. There are not really any ready replacements for some vital weapons components at a time when US weapons stockpiles have been heavily depleted.
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