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

511–520 of 668 posts

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

#511

Post by rzerowan »

femiagbabiaka wrote: post #480
rzerowan wrote: post #476

Update from the Amsterdam Court of appeal[0] , as expected large amount of pressure from the USG as well as some pressure on the CEO after the latest US 50% rule that triggered the RE restictions. - US telling Nexperia to ditch its Chinese leadership if it wants a waiver from the entity list. - The NL gov putting pressure on the CEO to introduce a new supervisory board to make sure there are no links to China. A lot…

[flagged]

Clearly in this case very destructive, constuctive gets people to the moon and back. With retaliation loading from Beijing , looks like this company is dead/on life support going forward. This action has benfitted none of the entities involved and even the thinly veiled excuses of securing EU chip supply are moot.

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

#512

Post by smashah »

mtrovo wrote: post #421
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.

While I share the sentiment expressed, I highly doubt the general public would be as supportive if the roles were reversed, like if a 3rd world country attempted to nationalize an investment from a Western nation, particularly given the history of numerous nationalization attempts in Latin America with very public Western involvement in coups.

This is the premise of the book "Silent Coup".

It explores how western companies use the the Investor–state dispute settlement system to usurp the will of countries to control their own resources. ICC (International Chamber of Commerce in Switzerland) and the World Bank (via ICSID) are the main arbitration venues for this corporate bullying/neocolonialism.

Then of course, as soon as that arbitration is ignored/won then the genocidal defenders of democracy are activated.

If you pull the thread on many conflicts, at some point you will find these courts.

I'm not a fan of the Chinese government but I hope the Chinese firms/people involved use these same systems against the Dutch government.

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

#513

Post by vachina »

yuye wrote: post #436
vachina wrote: post #324

Earlier quoted context omitted.

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

Just because the USA does it doesn't mean China is innocent. But whataboutism is basically SOP for the CCP shills.

Rules for thee but not for meeee

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

#514

Post by ExoticPearTree »

ctenb wrote: post #369
Denvercoder9 wrote: post #56

Earlier quoted context omitted.

> I assume this is an entirely independent Chinese company without some Dutch sponsor or something. It's not, it's a Dutch company, formed according to Dutch law, with headquarters in the Netherlands, that was bought by another Chinese company a few years ago. Dutch law sets rules on how any company, but especially public companies (so-called naamloze vennootschappen ) must be governed. Even if you own all the shares…

What is a CLO?

Chief Legal Officer.

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

#515

Post by oblio »

itopaloglu83 wrote: post #448
Intermernet wrote: post #368

Earlier quoted context omitted.

Samsung didn't copy the damn iPhone. This is revisionist history. HTC was on the scene for popular Android smart phones before Samsung, and they also didn't copy the iPhone. Early Nokia Symbian devices were on the scene before HTC and they also didn't copy the iPhone. Touch screen phones were going to happen. Apple made the first, popular one, but they were going to happen.

We’re talking about transfer of critical technologies or knowhow, and how company relationships lead to such situations. Not Apple vs Android contents or how touch screen phone were already meant to be. A lot of industrial countries fail to manufacture good phones, not because they don’t have the capacity but they lack the knowhow. Samsung was the original manufacturing partner for Apple, which allowed them to amass…

In the initial years HTC was one of the biggest Android manufacturers and their phones didn't really copy the iPhone.

Samsung was just better at marketing and other business aspects.

> and before that [Apple] were not even in the phone market much, yet alone launch their own phone.

This applies to Apple, too. Samsung learned how to make them. As did HTC, Sony, Huawei, Xiaomi, Oppo, OnePlus, etc, etc. Turns out, making smartphones is a very competitive business, but a lot of companies were good at it, at least for periods of time.

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

#517

Post by FooBarWidget »

tinco wrote: post #473
daan-k wrote: post #454

Earlier quoted context omitted.

Some new information has just emerged in the Dutch press. According to a just published article by the NRC newspaper [0], the owner wanted to use Nexperia's funds to finance another business (WingSkySemi) which was in financial trouble. He would have done this by making Nexperia place large orders for wafers it did not need. The article mentions Nexperia only requiring $70-80 million in wafers, while Nexperia would h…

I am sort of surprised we even have an arm of government quick and authoritative enough to be able to intervene here. I always assumed the government would just let any frogs boil.

I'm surprised they did this while the cabinet is fallen.

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

#518

Post by array_key_first »

skinnymuch wrote: post #186
array_key_first wrote: post #153

Earlier quoted context omitted.

Greed sure, but also optics. In the US at least, we love to condemn China for being "communist" and not a real democracy. Remember, for the US, communist has been the number one enemy for a long time. Obviously, we can't do what they do. But we do what they do, and China isn't even communist.

China is communist. Interesting how often outsiders are so sure a country led by the CPC isn’t Marxist.

China isn't communist because they have many free markets sectors of their economy and many private institutions.

People just don't know what communism is. Calling yourself the communist party doesn't magically make you communist. You have to do communism, which they no longer do.

It's a very simple test. Can I own assets, such as a factory? If the answer is yes, you're not communist. China isn't communist.

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

#519

Post by lossolo »

andsoitis wrote: post #484
DiogenesKynikos wrote: post #419

Earlier quoted context omitted.

And then you actually go to China and are shocked to realize that Western companies and brands are everywhere. Starbucks and KFC on every other corner. Tesla, Volkswagen and BMW cars clogging the roads. Rich people wearing Italian luxury brands, middle-class people wearing Nike and Adidas athleisure wear. China is nothing like your paranoid fantasy.

China’s foreign investment framework is formally open (especially after WTO accession), but: - Certain industries are restricted or prohibited for foreign investors. - The “Negative List for Foreign Investment” explicitly bans or limits foreign participation in many areas (e.g., media, education, data services, telecoms, mining). - Some sectors require a Chinese joint venture (you can’t have 100% ownership). So even…

> The “Negative List for Foreign Investment” explicitly bans or limits foreign participation in many areas (e.g., media, education, data services, telecoms, mining)

That's a very good for them, by looking at the list. Look at how big a problem the EU now has with its reliance on US tech and military. Sovereignty is very important in strategic industries and in those that allow foreign powers to influence your population.

> of use your example of Volkswagen, their ownership in China is structured around several joint ventures

Volkswagen is a cherry picked example, look at Tesla, which isn't a joint venture. BMW still uses a JV but now holds 75% of BMW Brilliance etc. And it's no longer required for car companies to use joint ventures, that rule was lifted in one of the recent years and more industries were actually opened in the same time.

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

#520

Post by ArnoVW »

update on NRC (Dutch newspaper), based on pieces that have been submitted to the courts

https://www.nrc.nl/nieuws/2025/10/14/chinese-topman-gebruikt...

The Chinese CEO of Nexperia, Wing, tried to divert company funds to finance his own chip factory, WingSkySemi, appointing straw men to key positions and firing European executives, which led to a major internal conflict.

Post reply on HN