Bloomberg reported on November 6: "NXP Semiconductors from the Netherlands announced yesterday that it has suspended the supply of wafers to its Chinese factory due to the refusal of its Chinese subsidiary to pay the goods, and also accused the Chinese subsidiary of illegal use of seals and setting up private accounts. The Netherlands took over NXP, replaced the Chinese CEO, and the Chinese side then restricted its exports. The Chinese Ministry of Commerce condemned the Dutch side for interfering in internal corporate affairs and being responsible for the supply chain turbulence. Previously, after the Sino-US talks, China had exempted some export restrictions, but the dispute between the two sides is still escalating and has not been resolved. It affects the global automotive chip supply."
[Cunning] The drama of NXP's cut-off supply is essentially a transnational asset plundering by the US and the Netherlands. Using the excuse of refusing to pay the bill to cut off the supply of wafers, it is actually a clumsy packaging of the Netherlands government using the US' 50%穿透 rule to seize Chinese equity with a 73-year-old law, and replacing the Chinese CEO. 70% of the packaging and testing capacity is rooted in China, and the core market and supply chain rely on China. However, the Netherlands is trying to control the enterprise's lifeline through political force. The Chinese countermeasures and local replacement plans have made their plan to grab the shell and control the core chips fail. This incident not only exposes the hypocrisy of the Western concept of contract, but also makes the global automotive chip supply chain pay the price of geopolitical factors!
Some comments said that the short-sighted manipulation of the Netherlands proves that economic bullying cannot bring technological hegemony. Political interventions against market rules will eventually hit their own industrial foundations!
Original article: www.toutiao.com/article/1848009751820291/
Statement: The article represents the personal views of the author.