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Netherlands returns control of Nexperia to Chinese owner

bloomberg.com

31–40 of 46 posts

Re: Netherlands returns control of Nexperia to Chinese owner

#31
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…

For the Netherlands the whole world is just a board game for local politics.

Seeing international media overthink this as some kind of deep strategy is mildly amusing.

Re: Netherlands returns control of Nexperia to Chinese owner

#32

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!

This wasn't because a Chinese CEO was appointed, it was because of his recent actions moving (apparantly critical) production away from the Netherlands. Where did you get this angle from?

Re: Netherlands returns control of Nexperia to Chinese owner

#34
post #9

Earlier quoted context omitted.

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…

For the Netherlands the whole world is just a board game for local politics. Seeing international media overthink this as some kind of deep strategy is mildly amusing.

You may also be wrong about that.

Re: Netherlands returns control of Nexperia to Chinese owner

#35
post #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]

Anybody with an opinion I don't like is a Chinese bot.

Re: Netherlands returns control of Nexperia to Chinese owner

#37
Huge mistake going back on this. Europe needs to stop letting itself get pushed around. If the Netherlands isn't willing, then hopefully the EU is.

The EU desperately needs some leadership willing to stop the US and China from continuously pushing it around on every single issue. An independent Chip supply chain is an existential necessity for the EU.

Re: Netherlands returns control of Nexperia to Chinese owner

#40
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 Washing…

Hell yes. Note that the Netherlands is also taking orders from the US about what countries their companies can sell to (ASML). No objections in that case.
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