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Dutch government takes control of Chinese-owned chipmaker Nexperia

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301–310 of 668 posts

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

#301

Earlier quoted context omitted.

> And China doesn't (didn't?) allow foreign companies to operate in China without a local partner at all Tesla was the first to buck this trend.

Just for cars. Microsoft has been independent in China since the late 90s, although they had to find a partner to do Azure.

> although they had to find a partner to do Azure.

By "finding a partner" you actually mean have Azure-branded services provided by Chinese companies through isolated data centers.

Which kind of proves OPs point.

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

#302

Earlier quoted context omitted.

That has happened and not a lot came of it. Venezuela nationalized American oil projects under Hugo Chavez. If by hell breaking loose you mean law suits I guess so.

Ah yes, Venezuela famously only has lawsuits that happened to them. Maybe look up Guaido, the 3% polling self and US declared president of Venezuela.

And the huge American military force currently positioned off their coastline, blowing up boats!

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

#303

Earlier quoted context omitted.

As in -- "no technology to speak of" is a gross misrepresentation of the reality of the middle ages. The fact of the matter is, they were strictly more technologically advanced than the classical Romans, with inventions like the heavy plow and three-field rotation improving agricultural productivity significantly beyond what Romans had achieved.

> The fact of the matter is, they were strictly more technologically advanced than the classical Romans No, they were more advanced in certain ways, but the original contention is correct that they were less advanced in others. Notably they were unable to build domes. They were also less productive, so less advanced in an overall sense.

Only the Western Roman Empire fell and even that part was fairly on track to recovery once Charlemagne came into the scene.

The fall of the Roman Empire is a pop history trope at this point.

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

#304

Earlier quoted context omitted.

What about the suez canal or iranian oil fields

They are controlled by their respective governments, but realistically that power is limited, because they know that "Western" powers would wage war if necessary. So in reality there is a tacit understanding between corrupt local governments and foreign powers to keep access more or less free.

> because they know that "Western" powers would wage war if necessary.

Why do you feel the need go single out "the west"? I mean, where do you think the container ships crossing the Suez go to and come from? Do you think that the likes of China would be totally ok with their main trade routes being severed and instead having to go all the way around Africa?

You're framing things as if there's still a British empire syphoning the economies of their colonies all the way from Great Britain, with no one else involved or committed to any trade whatsoever.

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

#305
post #61

I don't know if something similar was feared, but I would like to remind people of what happened in 2020 with China and ARM. You don't get into the China market without losing control.

Which came from the US sanctioning Huawei because Huawei was making better chips than Qualcomm and Cisco.

US was posturing to ban China access to Arm. Ultimately, it led to a ban on using TSMC for Chinese companies instead. There is no real justification to do a blanket ban on all Chinese companies except a state-sponsored way to to slow China down in AI race.

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

#306
post #280

Earlier quoted context omitted.

It’s not ironic. The Chinese are engaging in this behaviour, while they have had full access to western markets, arguably detrimental to the west. So now Europe are doing the same thing.

and that action is perfectly fine. But it is then hypocritic to claim one is more justified than the other

> and that action is perfectly fine. But it is then hypocritic to claim one is more justified than the other

Not really. Everyone was extending courtesies to China, but China opted to unilaterally reject the notion thay others could receive the same benefits they were enjoying. Now you're seeing this sort of courtesies being pulled for the first time. And you opt to frame this as hipocricy?

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

#307
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…

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

But they did it.

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

#308
post #88

A bit of history: Nexperia was formed because back in 2017 (if I remember correctly) Qualcomm wanted to buy NXP. So NXP wanted to look more attractive to Qualcomm shareholders and sold its more low-tech business unit to Chinese investors. That acquisition didn't go through because of the tensions between US and China during the first Trump admin. NXP has been trimming fat since its formation from Philips Semiconducto…

> NXP has been trimming fat since its formation from Philips Semiconductors

Honestly it appears to me that Philips themselves have just been losing talent/marketshare/I'm not even sure what, causing their gradual decline. The Philips I grew up with was an electronics powerhouse. Today apart, from their healthcare department (and maybe their slightly overpriced lighting department via Signifify), they don't seem to be very "active", and that makes me sad.

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

#309
post #46

I don't understand why this suddenly happened (except if asked by the USG in response to the recent scare/reality over rare earths). The 50% ownership by a sanctioned entity was a reality for a while, and was an issue as soon as the purchase. This didn't change recently. So, this action should have been part of the pre-purchase review (CFIUS in the US...I assume there is an equivalent in China). On the face of it, th…

Us placed parent company Wingtech on US Entity List before. Then us probably forced Netherlands to do this.

China bans rare earths, us forces eu to be against China.

So I’d expect more escalations from China.

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

#310
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…

The age of globalism and unfettered free trade is over, and good riddance.
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