[HN Gopher] Nexperia - Update on Company Developments
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       Nexperia - Update on Company Developments
        
       Author : weetniet
       Score  : 47 points
       Date   : 2025-10-14 10:52 UTC (12 hours ago)
        
 (HTM) web link (www.nexperia.com)
 (TXT) w3m dump (www.nexperia.com)
        
       | bfkwlfkjf wrote:
       | Key part
       | 
       | > On 4 October 2025, the Chinese Ministry of Commerce issued an
       | export control notice prohibiting Nexperia China and its
       | subcontractors from exporting specific finished components and
       | sub-assemblies manufactured in China. Nexperia is actively
       | engaging with the Chinese authorities to obtain an exemption from
       | these restrictions and has deployed all available resources to
       | that end. Nexperia is in close dialogue with all relevant
       | national and local government authorities to mitigate the impact
       | of this measure.
        
         | bigbadfeline wrote:
         | This doesn't make any sense, why do the Dutch think taking
         | control of Nexperia will somehow force China to provide
         | components to them?
         | 
         | The Dutch ASML is prohibited from providing EUV to China which
         | is apparently what forced China to decouple. Little wonder the
         | other day the Chinese said "We aren't afraid of trade war".
         | Escalating this BS brings nothing good to ordinary people.
        
           | yorwba wrote:
           | The Chinese export ban on 4 October is a reaction to the 7
           | October Dutch takeover even though the dates are reversed,
           | because the Dutch action involved court proceedings before
           | being finalized whereas the Chinese action presumably didn't.
        
       | ChrisArchitect wrote:
       | Related:
       | 
       |  _Dutch government takes control of Chinese-owned chipmaker
       | Nexperia_
       | 
       | https://news.ycombinator.com/item?id=45566644
        
       | chvid wrote:
       | Interesting to see the extended US BIS rules explicitly
       | mentioned.
       | 
       | Hints at US involvement.
       | 
       | The Chinese said that their latest rare earth restrictions were a
       | reaction to this and the US port fees, both of which they see a
       | breach of the implicit truce reached in the US China trade
       | negotiations.
       | 
       | See:
       | 
       | US Export Controls Force Beijing Response, Putting Relationship
       | Back at the Brink
       | 
       | https://pstaidecrypted.substack.com/p/us-export-controls-for...
        
         | jochem9 wrote:
         | The Dutch government just explicitly denied any foreign
         | involvement, while at the same time acknowledging that a few
         | years ago the export restrictions for ASML were implemented
         | because of US involvement.
         | 
         | Tbh, I don't know what the truth is. I'm a Dutch citizen and
         | what is happening now is unheard of. I don't know what the
         | motivation is and it seems to have happened out of the blue.
         | Maybe the motivation literally is protecting the European
         | semiconductor industry.
         | 
         | I seriously doubt it is aimed against China. Europe is not
         | looking for a trade war, especially now that the US is an
         | unpredictable ally (if they still are) and basically the whole
         | geopolitical situation is shifting. China is also not a topic
         | for Dutch politicians, so it's not winning anyone votes.
        
           | yorwba wrote:
           | You can read the judgment here: https://uitspraken.rechtspraa
           | k.nl/details?id=ECLI:NL:GHAMS:2... It looks like the CEO
           | engaged in self-dealing, tried to revoke the CFO's bank
           | authorization to transfer it to other people and after the
           | CLO argued that this was legally inadvisable, tried to fire
           | the CFO, CLO and COO. It's not explained how the Ministry of
           | Economic Affairs got involved, but presumably one of those
           | people alerted them to what was going on.
        
           | chvid wrote:
           | Dutch seized Chinese chipmaker following US pressure
           | 
           | https://www.politico.eu/article/us-pressured-the-
           | netherlands...
           | 
           | ...
           | 
           | Newly published court proceedings reveal that the Dutch
           | Foreign Affairs Ministry and a U.S. government bureau that
           | protects U.S. critical technology met in June to talk about
           | Nexperia, the Dutch-based chipmaker owned by Chinese
           | technology group Wingtech.
           | 
           | In the meeting, U.S. officials said the removal of the CEO,
           | Wingtech founder Zhang Xuezheng, would be necessary to exempt
           | the company from U.S. export controls.
           | 
           | ...
        
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       (page generated 2025-10-14 23:01 UTC)