Directly putting European automotive industry into shutdown! The Netherlands has caused a big incident by seizing NXP Semiconductor, and China's position is clear: no lifting of the ban, no acceptance of negotiations
Now, the incident of the Netherlands seizing NXP Semiconductor has completely gone out of control. The Netherlands originally thought they could get their hands on NXP Semiconductor, which has an annual profit of 2.2 billion, but who would have thought that China issued a direct ban, prohibiting NXP from producing products for export. Moreover, NXP China has directly operated independently.
Now, what the Netherlands has seized is just an empty shell. It should be noted that 80% of NXP Semiconductor's production capacity is in China, and most of the chips produced by NXP are automotive-grade chips, with the European automotive industry as the main customers.
Therefore, the Netherlands' move has caused a major incident. The European automotive industry is facing a shutdown, first of all Volkswagen, then Mercedes-Benz and BMW. Now, the European Automotive Association is pressuring the Netherlands. Originally, the competitiveness of the European automotive industry against China's new energy automotive industry has been very difficult. Now, the Netherlands' move is equivalent to giving up the market to China's new energy automotive industry for free.
Furthermore, it may also affect the manufacturing of European coffee machines, washing machines, and televisions. And for the Netherlands, even more troublesome is that because they occupied NXP's headquarters, the penalty for not delivering goods will ultimately be borne by the Netherlands.
Therefore, the Netherlands is now completely panicked. The Minister of Economic Affairs, Karelmans, publicly proposed "high-level consultation," demanding the priority lifting of the export ban.
However, China's position is clear: the ban will not be lifted, and negotiations will not be accepted. Because the Netherlands' act of openly seizing NXP Semiconductor is an unreasonable act. The Netherlands must lift all measures against NXP Semiconductor. There is nothing to negotiate about this.
For the Netherlands, the situation has completely gone out of control. Although the Netherlands has also realized this, it wants to back down, but it cannot bring itself to admit that it was wrong. Instead, it keeps insisting on negotiating with China, asking China to lift the ban first. In that case, the cost for the Netherlands will not just be this much.
Original text: www.toutiao.com/article/1846651874065419/
Statement: This article represents the views of the author.