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Dutch government takes control of Chinese-owned chipmaker Nexperia

cnbc.com

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

#321

Post by philosopher1234 »

lmm wrote: post #273
philosopher1234 wrote: post #190

Earlier quoted context omitted.

Lol, how is this not a free market? Apple subsidizes dozens of organizations internally to advance its strategic interests, what’s the difference?

Corporate internal markets are well-known as non-free, and when a sufficiently large company is picking and choosing winners in a national economy that's also not a free market.

I think this concept is an exercise in fantasy. There’s simply no such thing as a free market. Why we single out subsidy as non free is arbitrary. What activities constitute legitimate free market behavior? There’s no actual logically sound distinction. The real distinction is “what we do is free market and what our opponents do is not”

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

#322

Post by contrarian1234 »

devnullbrain wrote: post #206
like_any_other wrote: post #169

Earlier quoted context omitted.

It must have slipped by me at the time - what happened with China and ARM?

The Arm China CEO went rogue and spun it off as its own company. ARM HQ were unable to fire him, as he had physical possession of the company's seal stamp. Reading between the lines, the Chinese government chose not to intervene for multiple years.

This stuff constantly happens to foreigners in China and just seems to be mostly due to having bad local legal teams. If your CEO can run off with the company stamps and screw you over.. then it just sounds like amateur hour and you have no idea what you're doing.

The legal system there is fundamentally very bureaucratic - there are rules, but they're very different from the West. You need local help - and a lot of it. You see similar bureaucratic insanity in Japan, though I'm guessing there is just a lot more legal infrastructure for guiding foreign companies there.

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

#323

Post by mmarq »

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…

We have a similar law in Italy, but, not having much advanced technology foreigners are willing to buy, the government uses it to prevent foreigners from buying washing machine manufacturers.

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

#324

Post by vachina »

LunaSea wrote: post #318
vachina wrote: post #230

Earlier quoted context omitted.

A big distinction is the Chinese do not meddle with affairs outside their borders.

They do, all the time. Price dumping is one example. Industrial and scientific espionage is another one. Hacking companies is one more.

I don’t think those count as meddling with affairs. Those are like, daily business for an average American company.

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

#325

Post by gitaarik »

tonyhart7 wrote: post #204

so is the company that taken over gonna get compensated or its just nation takeover for free????

They are not being taken over. The Dutch government says it can now reverse or hold back decisions made within the company if they are deemed damaging to the Dutch or European production. I assume the law is written in a way that allows the government to only intervene if it is for such things. A judge would ultimately decide whether it is, if it gets to that point.

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

#326

Post by trymas »

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…

> "knowledge leak" (w/e that means exactly)

At least in my tongue - this would mean “brain drain”.

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

#327

Post by jojobas »

noobermin wrote: post #310
itopaloglu83 wrote: post #133

Earlier quoted context omitted.

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.

Too little too late. China will catch up on everything of importance, and we're on the hook for pretty much everything else.

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

#328

Post by gitaarik »

The title is misleading. The Dutch government says it can now reverse or hold back decisions made within the company if they are deemed damaging to the Dutch or European production. I assume the law is written in a way that allows the government to only intervene if it is for such things. A judge would ultimately decide whether it is, if it gets to that point.

I wouldn't call that "taking control" necessarily. Taking "some" control maybe. But in a reasonable way.

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

#329

Post by snovv_crash »

oblio wrote: post #300
itopaloglu83 wrote: post #217

Earlier quoted context omitted.

The coke recipe has never been patented, afaik, and similarly certain high-end things were patented only because the main company was hiring a subcontractor to do something. For example, Samsung flat out copied iPhone exactly almost. So, my thinking is that there could be less patents, because they’re less likely to share the technology and patents might let others copy stuff.

> For example, Samsung flat out copied iPhone exactly almost. Which iPhone?

The one with the rounded corners, obviously.

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

#330

Post by JumpCrisscross »

gerash wrote: post #202
bdangubic wrote: post #166

Earlier quoted context omitted.

USA is nationalizng Intel and under this administration more of the commie shit is coming :)

The argument I have heard about the US taking 20% stake in Intel is that when a company asks for federal money then it’s only fair if the federal government gets some equity in return. You can’t socialize losses and privatize gains.

> argument I have heard about the US taking 20% stake in Intel is that when a company asks for federal money then it’s only fair if the federal government gets some equity in return

Great forward-looking concept. Terrible ex post facto. The precedent set is that the government can demand equity for past favours at any time.

Also, now that the U.S. owns a stake in Intel, where does that leave competitors? We're already seeing a push to force AMD and Intel to merge [1].

[1] https://www.tomsguide.com/tech/us-government-considering-cas...

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