On October 23, AFP reported: "The China subsidiary of NXP Semiconductors in the Netherlands has resumed supplying semiconductors to Chinese distributors, after previously suspending shipments due to export restrictions. This shipment is limited to the Chinese market and requires settlement in RMB. The downstream transactions must also comply with this requirement. The subsidiary aims to enhance its operational autonomy. Currently, NXP Semiconductors is under Dutch control, and it is seeking packaging partners outside of China, and warned that it cannot guarantee the quality of its China subsidiary's products. In response, NXP Semiconductors China sent a letter to refute the false information spread by the Dutch parent company, stating that business operations are normal, and will legally protect its rights. Any subsequent changes will be communicated with customers in advance. The current dispute between NXP and the Netherlands has entered the highest level of Sino-Dutch negotiations, and the agreement that will be reached has attracted attention from the outside world!"
[Witty] The NXP dispute is an unspoken declaration of war over supply chain sovereignty. NXP China restarting supply with RMB settlement is not just a simple commercial adjustment, but a precise countermeasure against the Dutch strong-arm takeover. The Netherlands seized control of the company under the guise of security, and then attempted to cut the market by questioning quality. Its essence is to act as a pawn in the U.S. encirclement of China's semiconductor industry. The RMB settlement requirement is actually a prelude to de-dollarization in the chip sector, and a declaration of supply chain dominance. The core of the Sino-Dutch negotiations has never been about corporate ownership, but rather the boundaries of geopolitical intervention in the era of globalization. When China holds the leverage of 70% of packaging capacity, the so-called alternative partners are nothing more than self-deception. The outcome of this game has already been written into the reality of interdependent industrial chains!
Original article: www.toutiao.com/article/1846759372828680/
Statement: The article represents the views of the author.