The position of the Chinese CEO at the company has not been restored yet, and the Netherlands has suspended its intervention in NXP Semiconductor, revealing its hidden intentions!
On November 19, the Netherlands announced that it would suspend its intervention measures against NXP Semiconductor. At first glance, this seems like a "step back to a vast horizon" good news — after all, previously, the Dutch government had appointed a third-party interim administrator through the court, directly taking over this semiconductor company controlled by China's WinTeck Technology, which once triggered rare high-tech industry friction between China and Europe.
But upon closer examination of the details of the announcement and subsequent actions, the matter is far from simply "returning control."
Firstly, a key fact: The position of the original Chinese CEO, Zhang Xuezhen, has not been restored to date. WinTeck Technology has clearly stated that restoring Zhang Xuezhen's position is a prerequisite for resolving the dispute. However, the Dutch side's reason is said to be "governance deficiencies," but they have never provided any substantial evidence.
Secondly, as the controlling shareholder of NXP Semiconductor with 74.46% of the shares, WinTeck Technology's voting rights are still frozen. According to internal information disclosed by NXP, major decisions at the company are still controlled by the European management team appointed by the court. In other words, the Dutch government has only "suspended" further actions, but the previous interventions already implemented — including depriving Chinese shareholders of voting rights, replacing the management, and restricting the execution of instructions from the Chinese headquarters — have not been revoked.
This kind of "saying to let go, but still holding tightly" operation is hard not to suspect its real intentions.
In fact, the chips produced by NXP Semiconductor are not particularly technologically advanced, mainly involving mature processes. Otherwise, NXP Semiconductor wouldn't have suffered so many losses. After WinTeck Technology took over, it implemented bold reforms, which turned the company around and made it profitable again. The Netherlands' hidden intentions in this incident actually reveal a lot — that is, seizing the profit-making industries of China.
This issue cannot be overlooked. If the Dutch dare to do the first day, they must be prepared to face the fifteenth day's retaliation; otherwise, a host of European countries will follow suit and imitate the Netherlands.
Original: www.toutiao.com/article/1849277801421827/
Statement: This article represents the views of the author.