[HN Gopher] Netherlands returns control of Nexperia to Chinese o...
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Netherlands returns control of Nexperia to Chinese owner
https://archive.ph/lWpwt
Author : boovic
Score : 75 points
Date : 2025-11-19 18:16 UTC (4 hours ago)
(HTM) web link (www.bloomberg.com)
(TXT) w3m dump (www.bloomberg.com)
| lysace wrote:
| > The order that gave the Netherlands powers to block or revise
| decisions at Nexperia was dropped as "a show of goodwill"
|
| Why wouldn't CCP/Beijing just be emboldened by this? Why do the
| dutch feel the need to show goodwill towards CCP?
|
| (Edit: I see a lot of turbulence with this comment. I wonder why
| people seem to think it's invalid. The Chinese government runs
| these strategic companies very closely. China is not a democracy.
| It is a de facto dictatorship run by the CCP, the Chinese
| Communist Party. Nothing of this really a controversial opinion.)
| RAMJAC wrote:
| $$$
| lysace wrote:
| That is almost always the case, but please expand.
| RAMJAC wrote:
| Maybe I was being a bit flippant, but I don't buy the
| "goodwill" argument. It's probably went, and by the
| article, something like this:
|
| China: Great, two can play this game, how about you now
| lose access to X,Y,Z that may be manufacturing, fabs,
| investments, rare earths, Chinese markets, etc.
|
| Netherlands: Hmm, that costs more than this company by an
| order of magnitude. Take it.
|
| This isn't taking into account back channel dealing,
| conflicts of interest or really anything besides a surface
| level reading of situation. They had them by the balls.
| tgv wrote:
| Idk. It's hard to hit The Netherlands in particular,
| since trade is with the EU as a block, not with
| individual countries.
| rikafurude21 wrote:
| "show of goodwill" is politician-speak for capitulation. Taking
| over Nexperia caused a chip shortage for the german auto
| industry, which was an unintended consequence that they couldnt
| handle.
| cowl wrote:
| a bit tired of auto industry's "just in time" supply
| managment. they had the same problem when covid closed
| everything down and now 5 years later they still have not
| learned that they cant just order "enough for 1-2 months of
| production" and not more. It's not like the parts change in 2
| months.
| Barrin92 wrote:
| >Why do the dutch feel the need to show goodwill towards CCP?
|
| They're not showing goodwill, they're desperate. Why did the
| Netherlands (read the US) think it's in any position to seize a
| company from China when the entire auto industry is dependent
| on Chinese chips?
|
| I can't help but laugh at this, as a European even. China
| unlike our esteemed continent isn't going to have its
| businesses commandeered around by Washington, we should take a
| lesson in self-respect from them. It's also not on us to
| dictate what system of government they run their country on.
| Thankfully someone isn't putting up with Washington's crap.
| mainecoder wrote:
| Well the Chinese are powerful and without the help of the US the
| Netherlands can't do much. Additionally, the process of moving
| discrete semiconductor production to China is already underway.
| Production in Hamburg will stop sometime in late 2029 and the R&D
| center in Nijmegen, Delft will close done late 2028. The US
| should have helped the Netherlands but now it is over the Chinese
| won this battle and fairly easily they did not need to use much
| of the leverage that they had. The commentary by EU officials
| shows that they used a top down approach using the EU to pressure
| the Dutch.
| mainecoder wrote:
| Additionally I forgot to mention the withholding of shipments
| from China of the finished product that served as a
| public(visible) leverage.
| lysace wrote:
| Perhaps something could have been done via the EU. (No, I know,
| France/Italy/Spain/Germany are way too obsessed with their
| exports to PRC.)
|
| Been there/done that - Sweden was unjustly bullied by China and
| got next to no support from EU. That was a mask off moment for
| some of us. It seems that for member states like Sweden and the
| Netherlands, we're supposed to just pay a lot of money in order
| to get toll-free access to the internal market.
|
| Edit: I would welcome a split into EU North and EU South. Sort
| of like Aldi North and Aldi South.
|
| EU North: UK (welcome back!), Norway (hello!), Denmark, Sweden,
| Finland, Netherlands, Estonia.
|
| EU South: The other countries.
| mainecoder wrote:
| What if I told you that China has more influence over the EU
| than it has over the Kamer der Staten-Generaal( the Dutch
| parliament), thus they are using the EU to pressure the
| dutch. The irony is that European Sovereignty is respected
| when all the countries of Europe are able to make their own
| sovereignty respected i.e. it is each of the individual
| states making their own sovereignty respected that actually
| elevates the sovereignty of Europe, the EU by pressuring,
| disregarding and relegating the sovereignty of the member
| states devalues the collective sovereignty of Europe.
| Additionally adversaries need only focus on having leverage
| over EU officials and the EU officials will do their bidding
| for them.
| MrMorden wrote:
| The CPC leadership have plenty of personal assets stashed in
| the EU/UK. It would be easy enough to take them to the
| cleaners by prosecuting them for violating Chinese AML laws.
| TitaRusell wrote:
| For the Netherlands the whole world is just a board game for
| local politics.
|
| Seeing international media overthink this as some kind of
| deep strategy is mildly amusing.
| lysace wrote:
| You may also be wrong about that.
| aldrich wrote:
| Are you sure this is right, and if so would you mind sharing a
| source for this?
|
| According to the Nexperia 2024 annual report [1], they had just
| committed to _invest_ in the Hamburg site for their WBG/SiC/GaN
| production lines. Closure of the fab in Nijmegen was actually
| reported by NXP[2] not Nexperia - different companies.
|
| [1]
| https://www.nexperia.com/dam/jcr:fc307e7e-e159-482c-b21b-0f9...
| [2] https://bits-chips.com/article/closure-of-nxps-nijmegen-
| fab-...
| goobatrooba wrote:
| They didn't use the EU, they put pressure on companies in other
| countries, notably Germany, which then did the rest.
| markus_zhang wrote:
| Does it need legislation system to pass this or judges can block
| this somehow? It's pay walled so not sure.
| stpedgwdgfhgdd wrote:
| Headline should be:
|
| The intervention by the Dutch government at the Nijmegen-based
| chipmaker Nexperia is being suspended.
| damn3849472 wrote:
| I must say I feel very vindicated by this. The seizure of control
| of the company just for appointing a CEO from China (the horror!)
| never smelled right to me, but everyone in the previous comment
| section on this tried to rationalize it with "There must be some
| legitimate national security reason for the Dutch to do this".
| Clearly not much of a threat for them to cave so quickly!
| t0mas88 wrote:
| The CEO is still out, the court did that (based on a case
| brought by other officers of the company). It can't be reversed
| by the Dutch government.
| BDPW wrote:
| This wasn't because a Chinese CEO was appointed, it was because
| of his recent actions moving (apparantly critical) production
| away from the Netherlands. Where did you get this angle from?
| MangoToupe wrote:
| They didn't exactly have any leverage
| rzerowan wrote:
| I think the headline is incorrect , as far as the timeline goes
| there were TWO separate actions. The first was the Business Court
| removing the CEO and the Board, the second was the ministrial
| action to take over Nexperia NL business as part of the wartime
| measure.
|
| These were all precipitated by the US BIS50+ ruling that
| threatend to sanction any Chinese subsidiary of any company on
| the Entity list , which increaed the list from something like
| 1500 to 30k companies overnight with Nexperia in the mix.
|
| After the recent US-China talks and the suspension of the rule ,
| the Dutch have in kind made movements to backtrack.
|
| However at this point its only the Ministerial action that has
| been suspended i.e the SECOND action.
|
| The FIRST action by the Business courts still remains in place ,
| so the CEO/Board is still outed.
| lenerdenator wrote:
| The Chinese continue to do state capitalism while the West is
| afraid to say "turnabout is fair play".
| brazukadev wrote:
| The Dutch learning we are not in the XX century anymore.
| dragonelite wrote:
| This is a lesson every western European nation should learn and
| learn them quickly or else they won't make it.
| constantcrying wrote:
| Huge mistake going back on this. Europe needs to stop letting
| itself get pushed around. If the Netherlands isn't willing, then
| hopefully the EU is.
|
| The EU desperately needs some leadership willing to stop the US
| and China from continuously pushing it around on every single
| issue. An independent Chip supply chain is an existential
| necessity for the EU.
| gethly wrote:
| FAFO. Id you don't have the ammo, don't play stupid games.
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