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

401–410 of 668 posts

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

#401

Post by crossroadsguy »

amai wrote: post #362

As long as western companies cannot freely buy companies in China the reverse shouldn't be possible, too. Business with dictatorships must stop as soon as possible. In fact it should be forbidden. Nothing good comes out of that. I hope we will see more moves like this from democratic governments.

You do realise USA is not the sole beneficiary of global destabilisations and installing of puppet regimes and overthrowing, et cetera. The West in general has been. USA, as the tip of the spear, is seen first, if not as the tip of the iceberg :)

So you see, such businesses have been quite fruitful for the resources the West has gulped over the years.

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

#402

Post by mk89 »

bux93 wrote: post #398
mk89 wrote: post #334

Earlier quoted context omitted.

> 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...

Firing a company's boss and appointing a trustee is uncommon, but it happens. E.g. at IT service provider Centric, where the majority owner and CEO had a mental breakdown. Employees suffered from his delusions, but it also threatened to affect customers. The trustees aren't government agents, they just run the business as a going concern, minus the mismanagement (in this case, minus the mental illness). US law also p…

Thanks for doing the work I should have done :D

That's very helpful.

EDIT: is this behaviour common with Chinese companies in Europe? Do they buy to lead companies to shutdown?

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

#403

Post by ulfw »

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.

Yes let's go back to times where marrying a girl from a neighbouring town would raise eyebrows. So much better than "globalism"

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

#404

Post by ulfw »

motorest wrote: post #359
globalnode wrote: post #349

Earlier quoted context omitted.

free for me but not for thee

> free for me but not for thee That's rich, coming from a country which outright bands foreign corporations from even operating within their borders, and those who they allow have to operate through a state-controlled corporate minder.

Don't know any of these things for Tesla.

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

#405

Post by bryanrasmussen »

yvdriess wrote: post #396
bryanrasmussen wrote: post #390

Earlier quoted context omitted.

>That's rich, coming from a country What country do you know Globalnode is coming from? Just interested in the high level of assurance.

He was talking about china because that's the subject in this story, not the poster's residence.

OK, it just seemed like it was a response to the comment and not the story.

on edit: thanks for pointing it out.

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

#406

Post by mk89 »

mk89 wrote: post #83
HSO wrote: post #66

Earlier quoted context omitted.

[flagged]

> inferiority complex about China. That's not some s** that someone made up. They/We created an unstoppable beast. They thought that China would be like India or Vietnam or so. Nope. You name it, they build it. We can only "regulate" it - see what Europe has come up with to justify it - with the CO2 nonsense, "human rights" and all that. More regulations are the only way to prevent to get your market over flooded by…

I frankly am not sure why people keep on downvoting this comment without providing a counter argument or whatever. I would like to be contradicted rather than downvoted (that too, if you can take 2 minutes to at least say why).

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

#407

Post by yupyupyups »

mschuster91 wrote: post #379
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…

> 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 vir…

We got back slave labour and offshored manufacturing pollution.

Personally, I'd rather pay extra for high quality goods made ethically than some planned obsolescence or plastic garbage.

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

#408

Post by mk89 »

yunesj wrote: post #224
maxdo wrote: post #84

Earlier quoted context omitted.

EU and west finally TRYING to protect their market the way China is doing it all the time. They tax, ban, espionage everything beneficial to their society. China would do it without a blink.

China liberalized their economy to compete with Western economies, showing their leaders don’t really believe in communism. And the US and Europe are moving towards command economies to keep up with China, showing their politicians don’t really believe in liberalism.

Liberalized? You mean "you can come here as long as I can copy/paste your products and push you out of business"?

That's what liberal economies are about, right. :)

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

#409

Post by flumpcakes »

amai wrote: post #362

As long as western companies cannot freely buy companies in China the reverse shouldn't be possible, too. Business with dictatorships must stop as soon as possible. In fact it should be forbidden. Nothing good comes out of that. I hope we will see more moves like this from democratic governments.

I agree with you, unfortunately the west does a lot of business with dictatorships as they are oil rich or China.

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

#410

Post by meekaaku »

cies wrote: post #344
motorest wrote: post #289

Earlier quoted context omitted.

> It would be foolish to sell off a great value like ASML or others that adds incredible value. But one should also not get mad when other countries do it, because they see their industries as valuable things as well. This reads like a straw man argument. No one gets mad when other countries do it. At most, you see complains of protectionism being unilaterally imposed while benefitting from your competitor's openness…

China never claimed it's markets were free to enter by foreigners. US/EU did. If tit-for-tat is our policy, then we should at least be upfront about it and enshrine it in law, instead of using some ancient law to slap China with: that's arbitrariness.

Reducing/eliminating those mandatory joint ventures were a requirement for China to join WTO. But in practice it delayed these reforms.
Post reply on HN