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Nexperia stems from Philips Semiconductors. It is a Dutch company that was bought by a Chinese company. Then the Dutch government pulls this. Dutch credibility
by mytailorisrich 1y ago
Nexperia stems from Philips Semiconductors. It is a Dutch company that was bought by a Chinese company. Then the Dutch government pulls this. Dutch credibility is taking a big hit here.
- jacquesm 1y agoI would happily bet that I know a lot more about NXP than you do. Dutch credibility took a hit when they sold it in the first place, imo that should have never happened. This is damage control, there were some pretty strict rules put in place around the acquisition and there were - strong - signals that these rules were not respected.
- arresin 1y agoThis is now acceptable because of a mistake they willingly made?
- jacquesm 1y agoThey did not make it willingly, they made it under substantial pressure and only went along when an important set of restrictions and conditions was agreed upon. Their big mistake was to believe that that contract would be honored, and I'm pretty sure that that is going to be a one-off.