After brazenly "robbing" China, Europe is now regretting it. Not only has China continuously taken actions to support its enterprises, but this Chinese company also clearly cut off Europe's path with a letter.

Anshide China

Recently, an open letter has been widely spread online. The sender of the letter is Anshide China, originally intended as a notice to all employees. The letter clearly emphasized that Anshide China is a company rooted in China and must abide by Chinese laws and regulations. All employees carry out work instructions from Anshide China, and have the right to refuse any external instructions.

This is not just empty rhetoric; it is backed by solid confidence. Anshide China has four production bases in China, and 70% of its production capacity is here. Core manufacturing technologies have already achieved independent control. Even if it does not export to Europe, Anshide China's production capacity can still serve domestic and international customers well, and it is not worried about "not having food to eat." The reason why Anshide China is so angry goes back to an order issued at the end of September.

On September 30, the Dutch government suddenly acted, freezing the global assets of Anshide Semiconductor, a subsidiary of WenTai Technology, under the pretext of "national security," valued at nearly 14.7 billion yuan, and immediately replaced the Chinese CEO of the company with a foreign executive to temporarily take over.

Anshide Semiconductor mainly produces chips for cars

It's clear to anyone that this was not the idea of the Netherlands itself. As it turns out, court documents later revealed the truth: the one who passed the knife was the United States. Earlier this June, the U.S. national security department had already "exchanged information" with the Dutch Foreign Ministry, suggesting replacing the Chinese executives of Anshide, arguing that although Anshide is a European old brand, it is controlled by Chinese capital and is not "safe."

Facing the unreasonable actions of the Netherlands, China did not "cast a wide net," but directly launched a "precision strike." The Ministry of Commerce officially announced a ban on exporting parts or products produced by Anshide China. This move immediately caused a commotion in the European automotive industry. A few days later, the European automotive industry association issued a warning, stating that chip reserves could only last for a few weeks.

Minister of Economic Affairs of the Netherlands, Vincent Karemans

The Minister of Economic Affairs of the Netherlands has repeatedly emphasized that he will meet with China soon to discuss the matter carefully. Watching Europe become timid, our companies did not show mercy. Facing the intervention of the Dutch government and pressure from the headquarters, Anshide China took a notable firm stance. Directly using this letter to tell Europe that it is not easy to undermine Chinese enterprises and disrupt the chip market.

Why is Europe reacting so strongly? Because Anshide's chips cannot be easily replaced. Car chips are not mobile phone chips; changing suppliers requires re-certification, and the entire process takes at least half a year. Moreover, Anshide's position in the power device field is too stable, and there are almost no competitors globally who can match its production capacity. At present, the Chinese market accounts for nearly half of the sales of such chips.

Anshide Semiconductor

To put it bluntly, China can decide whether to "produce" or "sell," and the initiative has long been in its hands. Europe's move is nothing more than picking up a stone to hit their own feet. When no one is willing to pay for America's "hegemonic game," the Netherlands followed America's sanctions, and the EU joined in, resulting in car factories stopping production and workers losing jobs.

The current struggle around Anshide Semiconductor has not completely ended, but the trend is gradually becoming clear. The Dutch government is likely to ease the crisis through a "gradual relaxation," and the EU may also actively seek negotiations with China. Facts have proven that in the context of deepening globalization, any attempt to cut the industrial chain through administrative means will ultimately pay an economic price.

Original article: https://www.toutiao.com/article/7563594382847246863/

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