Dutch government seizes Chinese-owned chipmaker Nexperia for national security 2 hours ago (cnbc.com) 4 comments piskov Reply Add to library brazukadev 3 minutes ago This excuse could be used by many countries to seize European companies controlling strategic national resources piskov 1 hour ago Also real kicker from 2022:The UK used its National Security & Investment Act (2021) to order divestment of Nexperia’s Newport Wafer Fab in Nov 2022. The UK ordered them to sell 86% of the stake due to National Security concernshttps://www.gov.uk/government/publications/acquisition-of-ne... piskov 2 hours ago > extraordinary move to ensure a sufficient supply of its chips remains available in Europe amid rising global trade tensions.It’s like they beg China to do something with Taiwan. metalman 29 minutes ago this is normalising clepto capitalism, at best, at worst it is a desperate clumsy attempt to fight a battle in a war that is already over
brazukadev 3 minutes ago This excuse could be used by many countries to seize European companies controlling strategic national resources
piskov 1 hour ago Also real kicker from 2022:The UK used its National Security & Investment Act (2021) to order divestment of Nexperia’s Newport Wafer Fab in Nov 2022. The UK ordered them to sell 86% of the stake due to National Security concernshttps://www.gov.uk/government/publications/acquisition-of-ne...
piskov 2 hours ago > extraordinary move to ensure a sufficient supply of its chips remains available in Europe amid rising global trade tensions.It’s like they beg China to do something with Taiwan.
metalman 29 minutes ago this is normalising clepto capitalism, at best, at worst it is a desperate clumsy attempt to fight a battle in a war that is already over
This excuse could be used by many countries to seize European companies controlling strategic national resources
Also real kicker from 2022:
The UK used its National Security & Investment Act (2021) to order divestment of Nexperia’s Newport Wafer Fab in Nov 2022. The UK ordered them to sell 86% of the stake due to National Security concerns
https://www.gov.uk/government/publications/acquisition-of-ne...
> extraordinary move to ensure a sufficient supply of its chips remains available in Europe amid rising global trade tensions.
It’s like they beg China to do something with Taiwan.
this is normalising clepto capitalism, at best, at worst it is a desperate clumsy attempt to fight a battle in a war that is already over