Chinese readout contains some details.
Euros shouldn't celebrate prematurely
China to grant export exemptions to eligible shipments after comprehensive review: MOFCOM on Nexperia-related issues
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- Thread starter bd popeye
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Euros shouldn't celebrate prematurely
China to grant export exemptions to eligible shipments after comprehensive review: MOFCOM on Nexperia-related issues
Yeah thank God, I thought it was bullshit that China would allow them chips again so soon, fuck the BBC and Bloomberg.
Yes, I am sure they will be meticulous and comprehensive. So comprehensive it could take weeks or months.
That would make total sense, we need to be thorough like the Europeans after all, we need all the red tape we can get
AssassinsMace
Lieutenant General
I saw some arguments how the US and Europe see China’s rare earth restrictions as illegal. They claim since rare earths are raw materials, China can’t lay claim and ownership and restrict them unlike how they can with semiconductors. Never mind that when China wasn’t in the rare earths game, the US had a rare earths ban on selling them to China. I’m sure they also think they can just go into any country and take them for free.
Thankfully in the real world, trade wars are won by logistics and not words.
manqiangrexue
Brigadier
That's some really retarded spinning they're left with. An apple is raw material, so if it's illegal for me to restrict whom I sell my apples to?? They're mine and I can do whatever I want with them. The rare earths are China's so they can do whatever they want with them.
Engineer
Major
But if they did that, is it necessarily bad? They should still keep pressure on the Dutch.
But if Nexperia China can bypass the European fabs entirely and source all front-end manufacturing from Shanghai fab, get all customers to deal directly with China and is able to sustain volumes beyond the domestic needs, I think it's better to resume exports to retain as many customers as possible.
Even if/when Dutch agrees to give back control of European fabs, it is probably not a good idea for WingTech to hold on to those. UK politicians are already talking about forcing the sale of Manchester fab, which they already did with Newport fab.