Heard that Chinese people are all paying attention to Renesas, the Dutch Minister of Economy is clearly panicked and refused to answer the host's question!
Recently, Dutch journalist Gary van Pinksterren said in an interview program, "Many Chinese people are paying attention to the Renesas Semiconductor issue." Upon hearing this, the Dutch Minister of Economy, Karelman, showed obvious anxiety in his eyes.
When Karelman was asked by the host and van Pinksterren about what leverage he had for negotiations with China, he refused to answer this key question on the spot. Karelman only stated that he was communicating with China and hoped that China would cancel the ban.
However, the conflict is gradually escalating. The Chinese branch of Renesas Semiconductor has issued a statement announcing that it will operate independently. Meanwhile, the Dutch headquarters immediately informed its customers that it could no longer guarantee the product quality from the Chinese factory of Renesas Semiconductor.
The Chinese export control has made the Dutch-controlled entities unable to obtain chip products, which means they have only acquired a company structure without production capabilities. Over 70% of Renesas Semiconductor's packaging business is located in China, with the Dongguan factory responsible for approximately 70% of its global product packaging tasks.
Under the collective pressure from global car manufacturers, the Dutch government's attitude has changed significantly. On October 19, Karelman publicly released a negotiation signal. On October 21, China responded to the call and had a conversation with the Dutch Minister of Economic Affairs, Karelman. However, it is clear that the Netherlands refuses to apologize or make any concessions; they just hope that China can understand their actions.
Now, both sides have exchanged opinions on further promoting the solution, which should take into account the economic interests of Renesas Semiconductor, Europe, and China.
The Netherlands freezes assets of Renesas Semiconductor
Original: www.toutiao.com/article/1846844198124547/
Statement: This article represents the personal views of the author.