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throw73949558 commented on Dutch government takes control of Chinese-owned chipmaker Nexperia   cnbc.com/2025/10/13/dutch... · Posted by u/piskov
jacquesm · 2 months ago
What is interesting here is that for obvious reasons the Chinese do not seem to understand - or be able to understand - that NL actually has an independent institute for handling such disputes that will operate with a fairly high degree of impartiality. Abusing funds of one company and jeopardizing its existence in order to prop up a non-related entity abroad is precisely the kind of situation why we have this institution in the first place. Mismanagement is - regardless of who the shareholders are - also something that we frown upon here and there actually is a mechanism to directly intervene in the case of such actions. Seeing the 3 top financial people replaced with strawmen and funneling large amounts of money abroad to buy things the company does not need is a surefire recipe for intervention. This would have also happened if the CEO had been dutch and the shareholders had been dutch, we actually had such a case in the last few years where the top guy (founder, even) at one of our larger IT companies lost his marbles.
throw73949558 · 2 months ago
They needed wafers for 70 million, were going to order for 200 million. 3x more is hardly "funneling large amounts of money".

I would call that typical way to run business, perhaps they were making supplies for next three years, before tariffs kick in... Perhaps they were going to expand.

u/throw73949558

KarmaCake day-2October 14, 2025View Original