Reject all unreasonable demands, the employees of NXP China announced independent operations, and the Dutch headquarters was furious but helpless!
On the afternoon of October 18, the NXP Semiconductor China branch clearly required employees to refuse to follow any instructions from the Netherlands.
On September 30, the Dutch corporate court also ruled to suspend the position of the CEO Zhang Xuezhen appointed by the Chinese side. Behind these series of actions, the shadow of the United States can be vaguely seen. Dutch court documents show that the U.S. had been secretly plotting to take action against NXP Semiconductor as early as June.
More coincidentally, the day before the Netherlands took action, the U.S. had just introduced a new regulation called "50% equity joint liability system."
Facing the actions taken by the Netherlands, the Chinese side responded quickly. Within less than 48 hours, the Chinese side imposed an export ban on the NXP China branch, prohibiting the sale of chips produced in the Dongguan factory abroad.
This counterattack hit the core issue.
Because the Chinese factory bears 70% of NXP's global shipments, meaning that without the NXP China factory, the Dutch headquarters would be just an empty shell.
Although NXP Semiconductor's chips are not high-end products, they are the "capillaries" of cars, and basic functions such as wipers, windows, and power management cannot be done without them. Global well-known car manufacturers such as Volkswagen, BMW, and Tesla are important customers of NXP.
According to insiders, car manufacturers such as Volkswagen and BMW have all expressed their willingness to assist the Chinese side in resolving the dispute with the Netherlands.
The concerns of these car manufacturers are not baseless. It is reported that BMW has a chip inventory that can only last for three months. If the supply from NXP Semiconductor is interrupted for more than six months, many car manufacturers' production lines will face the risk of "stalling."
At around 12:00 a.m. on October 16, the Netherlands held an emergency cabinet meeting to discuss whether to lift some of the freezing orders.
The Netherlands is now busy communicating with China, hoping to exempt the chip export ban. The Dutch Minister of Economic Affairs is now panicked and started to shift the blame, stating that the replacement of the CEO was not his instruction, but rather something done by a few people from the chamber of commerce privately.
Original: www.toutiao.com/article/1846395875023882/
Statement: This article represents the views of the author himself.