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Update from the Amsterdam Court of appeal[0] , as expected large amount of pressure from the USG as well as some pressure on the CEO after the latest US 50% rul
by rzerowan 1y ago
Update from the Amsterdam Court of appeal[0] , as expected large amount of pressure from the USG as well as some pressure on the CEO after the latest US 50% rule that triggered the RE restictions.
- US telling Nexperia to ditch its Chinese leadership if it wants a waiver from the entity list.
- The NL gov putting pressure on the CEO to introduce a new supervisory board to make sure there are no links to China.
A lot more corporate shenanigans within the complaint/appeal but the two biggies seem to be the US 50% trigger and NL gov board request.
[0]https://uitspraken.rechtspraak.nl/details?id=ECLI:NL:GHAMS:2025:2752 https://uitspraken.rechtspraak.nl/details?id=ECLI:NL:GHAMS:2...
- femiagbabiaka 1y ago[flagged]
- kome 1y ago[flagged]
- touristtam 1y agoErm - there is such thing as the concept of strategical industries. And it is neither a European thing or a modern thing either, but don't let that stop you from spouting a narrative where Europe is the bad guy in an international landscape where they have transferred voluntarily or not such much technology to China.
- paganel 1y agoAlmost everything can be seen as strategic.
- notmyjob 1y agoThat’s a rather weak retort. Certain things like uranium and pharmaceuticals are pretty obviously strategic while other things like dog food are not.
- paganel 1y agoMilk and yogurt certainly are, also bread, also lots of food stuff. As far as I know almost no country has gone isolationist on that (with a few exceptions, such as China, which is at least trying). One can win a grand war without access to uranium, but you need access to bread and milk if you don’t want to repeat Germany’s WW1 fate.
- nosianu 1y ago> Milk and yogurt certainly are, also bread, also lots of food stuff. Which is why both US and Europe protect and subsidize those sectors to a fault.
- paganel 1y agoEurope isn’t a country, and unfortunately my country (Romania) would be left empty-handed in case of the worst (this pandemic has proved it).
- nosianu 1y ago> Europe isn’t a country You don't say! Completely irrelevant, since agricultural policy for the EU is made by the EU, and individual countries then write their local laws accordingly.
- femiagbabiaka 1y agoDo you think this move is going to advance the cause of European domestic technology production?
- rzerowan 1y agoClearly in this case very destructive, constuctive gets people to the moon and back. With retaliation loading from Beijing , looks like this company is dead/on life support going forward. This action has benfitted none of the entities involved and even the thinly veiled excuses of securing EU chip supply are moot.
- rjzzleep 1y agoIt benefits the US just fine. Just like Germany moving it's production facilities to the US after dismantling its own energy infrastructure suites the US just fine. As witnessed by BASF shutting down German production, while scaling up US production. At least short term it does. Long term however, hollow shells of allies drag you down, whereas strong allies are more beneficial. But I still remember the US stating they will not tolerate Germany if they dare to vote against them in the UN security council back when they were talking about destroying Libya[1]. Back then I thought Germany couldn't fall any lower with such a weak foreign minister, but here we are. [1] https://www.theguardian.com/commentisfree/2011/mar/18/libya-germany-un-security-council https://www.theguardian.com/commentisfree/2011/mar/18/libya-...
- antonvs 1y ago> constructive gets people to the moon and back. NASA is a government agency, there was no “state capitalism” in that case. Of course NASA used private contractors, but it didn’t own them.
- bayindirh 1y agoUnchecked late stage capitalism isn't better, either.
- z2 1y agoDon't pick your poison, mix them together! Industrial policy for losses, rent-seeking for profits.
- chvid 1y agoThere is basically a straight line from this to the new Chinese rate earth controls.