After China's new regulations, the Dutch light engraving machine Asma was also affected, and its own light engraving machine would not sell well.As one of the most important companies in the Netherlands, the Netherlands did not pretend, directly against Chinese enterprises.
On October 9, China issued new rare earth regulations, further refining and tightening rare earth export controls. This time, it specifically named and restricted some medium and heavy rare earths, and also specifically restricted the export of rare earth technology. It seems to be aimed at the United States, after all, U.S. military-industrial enterprises are very dependent on China's rare earth, but this trick also hit the semiconductor industry.
The United States is indeed very leading in chips, but its chip manufacturing also relies on European companies. For example, the United States cannot produce EUV lithography machines, but can produce the parts and components in them. The United States cannot make complete machines, and it has a very close relationship with lithography companies like Asmail.
Therefore, when China began to explore chip manufacturing, the United States specifically asked Asmail not to sell lithography machines to China. And the production of light engraving machines, and their important components, are inseparable from medium and heavy rare earth, such as uranium, which contains the element of rare earth in China's rare earth new rules have been mentioned.
Therefore, the rare earth regulations issued by China this time not only hit the United States but also the Netherlands.Of course, this was not an innocent disaster for the Netherlands. After the United States made a request for Asmail, Asmail complied with it, and the Dutch government also ignored China's request.
According to Observer. com, Bloomberg reported on October 10 local time that people familiar with the matter revealed that affected by the new regulations on rare earths in China, Asmail could experience shipment delays and even prepare for possible business disruptions.
China's new requirements clearly stipulate that foreign companies produce products that contain Chinese rare earth and need China's approval.So Asma is likely to have a rare earth supply, then its light engraving machine production will inevitably be blocked, and may not even be able to produce.
If the delivery of the light engraving machine is delayed, then the production of the chip will also be delayed, which has an impact on the entire semiconductor industry.。
At this point, the Dutch government no longer pretended and directly attacked China companiesChina's advanced enterprises in the semiconductor field have recently faced major challenges, with its headquarters in the Netherlands, whose core assets have been frozen for a year due to the order of the Dutch government, as of September 30, assets and intellectual property.
The company immediately began seeking legal remedies, but the Netherlands actually took both judicial and regulatory paths, apparently with the intention of blocking the company's way of life, and some foreign executives inside the company also began to ask the court to start an investigation.
The court issued a ruling without a hearing suspending the position of the chief executive appointed by the Chinese parent company, and also requested the appointment of foreign directors with decisive voting rights and the deposit of all shares in the company to a third party.Until October 7, the court officially recognized the provisional remedy as effective until the investigation was completed.
Under such operations, Chinese enterprises lost control of the Dutch headquarters and only retained the income of the shareholder economic circle.On October 12, Chinese companies issued a statement stating that the Dutch government was using trumped-up reasons to freeze companies. This behavior has obvious political bias and excessive interference. Chinese companies strongly protested.
The Dutch side argued that the Netherlands activated the Goods Supply Act because the continuity and security of the Netherlands’ key technical knowledge and capabilities with the native Europe are threatened.。 It is also believed that Chinese enterprises have governance defects and problematic behaviors. The Netherlands is also trying to prevent the risk that products produced cannot be used in European automotive or other electronics sectors.The Netherlands also said that the behavior is not directed at companies and countries and can be appealed to the court.
Although this happened before, China has not introduced a new rare-earth policy, but the Netherlands intended to delay the self-help and extend the investigation, there is still a clear significance of retaliation.。
The Netherlands 'logic for doing this is similar to that of the United States. Companies like Asme are one of the pillars of the Netherlands, but its production also requires rare earths, so it is difficult to circumvent China. However, China companies are catching up. Whether it is manufacturing chips or lithography machines, China is trying its best to research new technologies. China has also mastered important rare earth raw materials. If China can achieve independent production, the Netherlands 'advantages will be lost.
So the Netherlands at the beginning on the restriction of the Chinese enterprise motives. In addition, as China cuts supply of rare soil, Asma's business will be damaged, its goal at this time is more direct, completely unpretentious, directly stashed out the Chinese enterprise.。
Chinese companies should continue to use legal means to save themselves now, but this game will probably last for some time. In the final analysis, China's completely independent production of semiconductors must be completed as soon as possible, so as to truly prevent being stuck by foreign countries in the world.