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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

#371

Post by BartjeD »

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…

The company was warned multiple times prior to this happening, to adjust course. They didn't. Now they got into hot water and claim they were unjustly nationalized.

They can have their day in an impartial court of law. If they're right they will prevail.

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

#372

Post by pembrook »

BartjeD wrote: post #371
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…

The company was warned multiple times prior to this happening, to adjust course. They didn't. Now they got into hot water and claim they were unjustly nationalized. They can have their day in an impartial court of law. If they're right they will prevail.

Warned multiple times over what exactly?

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

#373

Post by zagfai »

misiek08 wrote: post #81

50 years of sending all the knowledge to China and now sudden realization that „data is the value”. Work was cheap, but we paid in IP and tech as a whole. It’s great to see how long term is China strategy and how well they execute it. Good luck for us all being „independent”. We can make processors out of attached plastic bottle caps…

And you will find that half of knowledge made by Asian.

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

#374

Post by Tade0 »

buyucu wrote: post #339
motoboi wrote: post #246

Earlier quoted context omitted.

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.

There's more to that than just ASML, as that company in turn uses specialty lenses produced by Zeiss. Additionally there's crucial American IP (I don't recall what specifically) that goes into those machines, so advanced semiconductor production is more of a global effort really.

Meanwhile China is trying to do all that domestically. They might even pull this off, but just like with their 7nm tech, they're unlikely to be able to do this economically.

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

#375

Post by Intermernet »

bdangubic wrote: post #166
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…

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

Calling the current US administration "commie" wan't on my bingo card. I swear most people these days have no actual concept of the things they argue against.

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

#376

Post by immibis »

consumer451 wrote: post #360
gman83 wrote: post #358

Earlier quoted context omitted.

Well yeah, they used this playbook with Apple as well.

We do not appear to be very smart as a country.

It's not a country - it's a collection of individual billionaires. Each billionaire involved in these kinds of deals gets richer, and has no reason to care about anyone else.

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

#377

Post by immibis »

motorest wrote: post #294
croes wrote: post #276

Earlier quoted context omitted.

> 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 - everyone practices protectionism, some are just more subtle about it than others. And the west always said that China is bad for doing it. That’s the irony part.

> And the west always said that China is bad for doing it. "The west" criticizes China because the ruling regime imposes a series of arbitrary restrictions to foreign companies, including outright banning them, while demanding that Chinese companies should have unrestricted access to foreign markets. You are now faced with an exceptionally rare event where a member of "the west" enforces restrictions that are similar…

The comment chain is saying that the west does the same thing and China criticizes them for it. This is both ways and it's hypocritical.

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

#378

Post by Intermernet »

JumpCrisscross wrote: post #332
bdangubic wrote: post #222

Earlier quoted context omitted.

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?

If you use the word "Socialise" then the current trend of reactionary ill-informed is to assume "Communism". It's an argument I'm sick of having, but it's an argument that needs to be had.

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

#379

Post by mschuster91 »

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…

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

The problem with China is that the "free access" was always one-sided as we did not insist on reciprocity - not for the Internet, not for tourism, not for companies, not for goods.

We gave China everything - we allowed their people to study at our universities, we allowed their tourists, we gave them virtually full access to our economic market, we gave them access to the Internet, we gave them seriously discounted shipping rates and customs exemptions.

And look where that got us. They lock in their population in a way reminding me of the GDR/Stasi era - if you're not an obedient citizen, you don't get permission to travel, everything is subject to surveillance and the one will of the Party -, they use their access to the Internet to steal, hack and run secret police organizations while locking their population behind the Great Firewall, they buy up our companies and shift crucial knowledge back to China. And in the meanwhile, good paying jobs in our countries were lost en masse to China, what used to be high-quality products that would last many years if not decades got replaced by China made ultra cheap junk.

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

#380

Post by ta20240528 »

legacynl wrote: post #345
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.

Who cares what their legislation says. Xi and ccp can change that at will at anytime.

So can Trump and USA.

If the west want's the other 7 billion to care, you're going to have to find some principles and live by them. Without exception.

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