Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Dutch government takes control of Chinese-owned chipmaker Nexperia

cnbc.com

Post reply on HN
Print view View original

331–340 of 668 posts

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

#331

Post by JumpCrisscross »

itopaloglu83 wrote: post #216
gerash wrote: post #202

Earlier quoted context omitted.

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.

> You can’t socialize losses and privatize gains. Yes, yes, and yes. We kept doing this, a bank or company stretches too much after making record profits, and then cries for federal funding and free money. The federal reserve is a lender of last resort and they shouldn’t have given that much money without any collateral etc. Even if they just kept the stock and then sold it afterwards, we wouldn’t be in this much deb…

> federal reserve is a lender of last resort and they shouldn’t have given that much money without any collateral

The Fed only lends against collateral.

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

#332

Post by JumpCrisscross »

bdangubic wrote: post #222
gerash wrote: post #202

Earlier quoted context omitted.

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.

if we are not a communist country (everyone seems to think that we are not) why the F would we socialize losses?!?

> if we are not a communist country (everyone seems to think that we are not) why the F would we socialize losses?!?

Hold on, the logic is any country that socialises anything to any degree is communist? Where the hell did you get that from?

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

#333

Post by pmontra »

thesmtsolver wrote: post #314
Sloowms wrote: post #290

Earlier quoted context omitted.

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.

Isn't Venezuela a defacto dictatorship now? Not sure the 3% is correct under these conditions.

They left 3% to the opposition? The government won the general elections in Italy with 98.5% 96 years ago.

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

#334

Post by mk89 »

gitaarik wrote: post #328

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…

> Wingtech Chairman Zhang Xuezheng had been immediately suspended from his roles as executive director of Nexperia Holdings and nonexecutive director of Nexperia after the ministerial order, according to the filing.

Not sure what firing the boss is, if not taking control...

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

#335

Post by vincentkriek »

magicalhippo wrote: post #261
55873445216111 wrote: post #259

Earlier quoted context omitted.

Netherlands AND Holland? Isn't that the same place? Also: Even while ASML steppers are built in Netherlands, there are a lot of other non-photolithography tools needed to build a fab in addition to the ASML tools.

> Netherlands AND Holland? Isn't that the same place? Holland is part of the Netherlands. Not unlike how say Texas is part of the United States. So in that regard the statement was redundant, yes. https://en.wikipedia.org/wiki/Holland

And ASML is not in Holland, nor is Nexperia or ASMI. I can't think of any semiconductor business in "Holland".

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

#336

Post by pmontra »

motorest wrote: post #301
seanmcdirmid wrote: post #256

Earlier quoted context omitted.

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.

Do they use the same Microsoft software and the Azure APIs that are available in the rest of the world?

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

#337

Post by csomar »

kapone wrote: post #178
fakedang wrote: post #128

Earlier quoted context omitted.

USA does not have the refining capacity which will take another 8 years to build out.

Wrong. We don’t need to build refining capacity. We just need to remind China that who’s the big dog, which we seem to be doing. They’ll fall in line quickly enough.

> We just need to remind China that who’s the big dog, which we seem to be doing.

Time to short the US dollar and load up on Bitcoin.

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

#338

Post by mk89 »

throwaway091 wrote: post #241

Expect more of this to come, it's an unstated goal of the Chinese Communist Party to deindustrialize the West, the UK had to intervene too a few months ago to stop them from destroying their steel producing capacity.

Well, when you read things like this [0] you wonder if they have not reached it yet? I mean, they are producers and sellers now.

[0]: https://www.bundeskartellamt.de/SharedDocs/Meldung/EN/Presse...

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

#339

Post by buyucu »

motoboi wrote: post #246
dhx wrote: post #232

Europe's projected semiconductor manufacturing equipment expenditure from 2026-2028 is a rounding error. Global expenditure on 300mm fab equipment from 2026-2028 is predicted to be USD$374bn with regional breakdown as follows (totaling 100%): China - USD$95bn (25%) South Korea - USD$86bn (23%) Taiwan - USD$75bn (20%) Americas - USD$60bn (16%) Japan - USD$32bn (9%) Europe and Middle East - USD$14bn (4%) Southeast Asia…

yeah, but those machines are built in Europe. Most in Netherlands to be exact, but Holand too.

Nor for long. If the Chinese didn't already have incentives to break ASML's monopoly, they do now.

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

#340

Post by cma »

like_any_other wrote: post #164
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…

> 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. As far as I understand, Samsung, TSMC, and SMIC are all closely guarded by their respective governments. And China doesn't (didn't?) allow foreign companies to operate in China without a local partner at all. So I don't see the irony - every…

Yeah Asian tigers mostly didn't follow the narrow comparative advantage guidance and instead did state protection of industry to develop it: https://www.amazon.com/Kicking-Away-Ladder-Development-Persp...

The US did the same when it was young, along with large instances of exfiltrating tech (Samuel Slater, kicked off the American industrial revolution).

Post reply on HN