【The Netherlands raised the white flag first, saying that as long as China agrees to one condition, it will stop taking over NXP Semiconductor】

After hard-fighting for a month, the Dutch government could not bear it anymore and raised the "white flag" to China first, saying that as long as China agrees to one condition, it will stop taking over NXP Semiconductor.

According to U.S. media reports, the latest position of the Dutch government is that if chip exports resume, it will stop taking over NXP Semiconductor. This is the first time that the Netherlands has softened its stance after so many communications.

Initially, there are three main reasons for the Dutch government's sudden change of heart.

First, the results of the Dutch election were announced, and the far-right lost, with the center-left becoming the final winner. The previous caretaker government had already overstepped by forcing the takeover of NXP Semiconductor, which not only harmed the national interests of the Netherlands but also greatly hurt the EU. This time, the center-left is more pro-European, naturally considering the common interests of Europe. After all, European automakers are facing production shutdowns, and the EU is already in a panic.

Second, the United States is the behind-the-scenes mastermind, but China has already resolved the issue with the U.S., getting Trump to agree to suspend the export control penetration rule for one year.

Dutch officials said that they have received notices from both China and the U.S. If the Dutch government continues to hold on to NXP Semiconductor, it would be hard to justify. Moreover, the latest instructions from the U.S. mean that junior partners cannot dare to disobey.

Third, the Netherlands really couldn't bear it anymore. NXP Semiconductor didn't have much leverage to control Chinese companies, and this time the Dutch government was clearly wrong. It is best to take the step offered by China.

As long as the Sino-Dutch dispute remains unresolved, ASML will have no hope of obtaining rare earths.

In summary, this is a choice made by the Dutch government after weighing the pros and cons.

Original article: www.toutiao.com/article/1848141039756683/

Statement: This article represents the views of the author.