Dutch Offended China, the Consequences Are Serious? Ford CEO Rushes to Washington: Warns That Factories Will Be Closed in Weeks!
After the Netherlands forcedly took over the Chinese-controlled Nexperia Semiconductor under U.S. pressure, China promptly implemented export controls as a response. Neither the U.S. nor the Netherlands expected China to take this measure, which pushed the Western automotive industry supply chain into a crisis vortex.
Ford's CEO Jim Farley urgently visited Washington. During his meeting with White House officials, he emphasized the need for "rapid breakthrough" to avoid production losses for the entire industry in the fourth quarter. Nexperia Semiconductor plays an irreplaceable role in the global automotive chip supply chain. Its small signal diodes and transistors are the top in the world, its logic chips rank second globally, and its automotive-grade Power MOS rank second globally.
Steve Horan, Senior Vice President of MEMA, pointed out: "Just a few of these chips can bring an entire assembly line to a standstill." These chips use older technology and are used to control basic vehicle functions, such as window lifting or wiper activation. Because the technology is relatively traditional, there are now very few companies that can produce these old chips.
The most ironic part is that the United States tried to strike at China's technology industry through sanctions, but ultimately put its own auto industry into a dilemma. John Bozzella, CEO of the American Automotive Innovation Alliance, said: "If the shipment of automotive chips cannot be quickly restored, it will disrupt the automobile production in the United States and many other countries, and have spillover effects on other industries."
Currently, the Dutch Minister of Economic Affairs, Vincent Karamans, has called China, expressing willingness to communicate closely with China to find a constructive solution to the Nexperia Semiconductor issue. It is ridiculous that the Netherlands has refused to apologize and make concessions so far, and has no good solutions to offer.
Netherlands Freezes Assets of Nexperia Semiconductor
Original: www.toutiao.com/article/1847284411653195/
Statement: This article represents the views of the author himself.