In the name of "national security", the Dutch government took action against Chinese-funded enterprises. It wanted to forcibly control key assets, but it didn't expect China's countermeasures to come so quickly and ruthlessly. Nexperia China decisively cut off with the Netherlands, and the Netherlands immediately panicked and said to meet with the Chinese side.
Why did the Netherlands suddenly ban Nexperia? What role did the United States play in this matter? Why did China's counter-measures make the Netherlands give in so quickly? Now that the Netherlands is begging for negotiations, does it really realize its mistake, or does it have another purpose?
The origin of the matter was when, on September 30, Zhou Tai Technologies and its subsidiary, Anselm Semiconductor, received a ministerial order from the Netherlands, demanding that the 30 entities of Anselm Semiconductor should not make any adjustments to assets, intellectual property, business and personnel in the next year.
Nexperia is not a local company in the Netherlands, but a subsidiary of Wingtech Technology. In the past five years, it has contributed 130 million euros of corporate income tax to the Netherlands. This unwarranted suppression by the Netherlands not only violates the legitimate rights and interests of Chinese enterprises, but also puts certain pressure on its own economy.
Anchor Semiconductor is the target, and is also inseparably related to its position in the global automotive chip field.This enterprise has more than 110 billion products shipped annually, and Anchor Semiconductor revenue in 2024 is about 14.7 billion yuan, accounting for one-sixth of Thai technology total revenue, is the actual core asset.
Faced with this excessive behavior by the Netherlands, China chose to take a decisive counteraction.
On October 4, China implemented export controls on Anselm Semiconductor, prohibiting its Chinese factory from exporting finished parts, sub-components to the Netherlands, even the circle and packaging parts were included in the prohibition scope. this trick directly struck the Anselm Semiconductor's "death door", after all, the product supply of the American working factory, the Netherlands headquarters only left an empty shell, and could not complete the subsequent work.
At the same time, China's Ministry of Commerce has also strengthened rare earth export controls. Rare earths are key raw materials for the manufacturing of semiconductors and lithography machines. China's new regulations quickly put pressure on the United States and Europe. If the supply of rare earths cannot keep up, many military industries, new energy industries, AI industries, etc. will face supply chain disruptions. question.
While China responded, ANSE China also took a critical step-completely cutting off with its Dutch headquarters. On October 19, it was emphasized that all Anshi China employees only need to implement the work instructions of the domestic company, and have the right to refuse to implement any external instructions without the consent of the legal representative of the domestic company, and this does not constitute a violation of work disciplines or legal regulations.
This statement completely broke the illusion that the Netherlands tried to influence Chinese factories by controlling the headquarters.
China's counter-measures and Anshi China's cutting quickly put the Netherlands into a passive position. Recently, Dutch Minister of Economic Affairs Karemans said in an interview that he is expected to meet with responsible Chinese officials within a few days, and also offered to "hope to solve the problem through negotiations and seek China to lift restrictive measures."
What's excessive is that when Karemans expressed his position to see the Chinese side, Nexperia's Dutch headquarters was still trying to cut off the system authority of Chinese companies. This double-faced approach completely exposed the true intention of the Netherlands to "occupy assets and avoid punishment".
At present, the initiative of negotiations is completely in the hands of China. China's countermeasures have accurately hit the pain points of the Netherlands, and Nexperia China's independent operation has also stabilized the domestic supply chain. If the Netherlands really wants to solve the problem, it can only show sincerity.
The incident was also handed out to the Chinese side by the international news agency, which sent a clear signal: China has the ability and the means to safeguard the legitimate rights and interests of Chinese enterprises, and any country that wants to use "national security" as the name of the "robbery logic" will pay the price.