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Dutch government takes control of Chinese-owned chipmaker Nexperia

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

#631

Post by Braxton1980 »

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…

>As much as I think our government is currently ran by a bunch of nincompoops

Why do you think this? The Netherlands economy seems be pretty good compared with other countries. Growth is slower but that's partially due to US tariffs.

Is it just a standard thing now to say "the government are idiots" or they are making huge mistakes. Don't you think they creates a long term issue where people are never satisfied and constantly electing a new government. Maybe this causes the government to focus on short term wins to avoid that.

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

#632

Post by Braxton1980 »

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.

When was there unfettered free trade? There's always been tariffs in some form and the WTO exists

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

#633

Post by Braxton1980 »

noobermin wrote: post #527
ulfw wrote: post #403

Earlier quoted context omitted.

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

You should realise this is quite the conflation. Might as well say we are going back to the age before penicillin because that was also "back then." I personally don't advocate for a return to the past for its own sake. perhaps the US is doing that for other reasons (RFK Jr.) but the good news is that in the post US hegemonic order, that country can go ahead and collapse into flames and the rest of the world won't be…

When has that happened?

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

#634

Post by Braxton1980 »

xenadu02 wrote: post #292
roughly wrote: post #264

Earlier quoted context omitted.

It gets a lot less contradictory when you realize the principles are window dressing for the interests. Early America had no regard for intellectual property rights because all the good media came from abroad - then we built Hollywood and saw the light. The west pushes deregulation and free trade because we've got the money and the only thing that can keep us from sucking a market dry is government intervention. The…

I think the issue is more complex than that but certainly vested interests / national interest is definitely one aspect of things. The west and the US specifically has operated on an open market policy partly as a result of two world wars we got dragged into in relatively short order. Economic integration was thought to reduce the likelihood of another great war. However what we have currently is a relatively develop…

>China wants all the access to the rest of the world and wants everyone to buy their products... but they do not want to reciprocate.

There's a history with the West where they have been manipulated and taken advantage of in a way that the US never has.

It's possible their desire to force companies into partnerships is genuinely based on a fear of that happening again.

You say that China wants everyone to buy their products. There's also the implication that this is bad for the US economically. However China wouldn't benefit if their customers are poor.

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

#635

Post by xboxnolifes »

reliabilityguy wrote: post #198
xboxnolifes wrote: post #137

Earlier quoted context omitted.

It doesn't matter if they are better or worse. Your own principles should not be things that shift based on what somebody else does.

I asked OP the question about their comment, and not about whether principles should do this or that. That being said I do not believe in absolutes. One example why such an absolutist approach fails is the tolerance of intolerant, which in itself makes the whole society intolerant, and fails to uphold the absolute principle of tolerance.

The logical consistency of absolute tolerance has nothing to do with personal principles in this context.

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

#636

Post by deadfoxygrandpa »

LunaSea wrote: post #311
higginsniggins wrote: post #288

Earlier quoted context omitted.

"attack on economic activity of the competitors" Thats competition . It is a feature of markets. not a bug.

Not when its done with the help of a government.

why not?

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

#637

Post by array_key_first »

skinnymuch wrote: post #629
array_key_first wrote: post #518

Earlier quoted context omitted.

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.

Having your mode of production focus on people and not profit. Having a dictatorship of the proletariat is the most important thing. The end of private property is an eventual goal but it’s not close to the primary issue in 2025. The actual fight is against imperialists and global capitalists. Private property can be a tool in that fight. Being revisionist like China still makes you a communist/Marxist.

I mean, I just disagree. China has only gotten more capitalist and less isolationist with time. It's very western-like.

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

#638

Post by mrkstu »

throw73949558 wrote: post #606
jacquesm wrote: post #601

Earlier quoted context omitted.

What is interesting here is that for obvious reasons the Chinese do not seem to understand - or be able to understand - that NL actually has an independent institute for handling such disputes that will operate with a fairly high degree of impartiality. Abusing funds of one company and jeopardizing its existence in order to prop up a non-related entity abroad is precisely the kind of situation why we have this instit…

They needed wafers for 70 million, were going to order for 200 million. 3x more is hardly "funneling large amounts of money". I would call that typical way to run business, perhaps they were making supplies for next three years, before tariffs kick in... Perhaps they were going to expand.

And firing a bunch of directors who complained? I assume if they were given a rational strategy behind the moves they would haven’t made a peep.

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

#640

Post by jacquesm »

FooBarWidget wrote: post #517
tinco wrote: post #473

Earlier quoted context omitted.

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.

They can't make laws, but they can still enforce laws.
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