(no title)
rdl | 4 months ago
The 50% ownership by a sanctioned entity was a reality for a while, and was an issue as soon as the purchase. This didn't change recently. So, this action should have been part of the pre-purchase review (CFIUS in the US...I assume there is an equivalent in China). On the face of it, this all could have been avoided by having a non-sanctioned entity (including another random Chinese company) own enough of the company to get sanctioned entity ownership below 50%.
tnt128|4 months ago
markus_zhang|4 months ago
throwaway-0001|4 months ago
China bans rare earths, us forces eu to be against China.
So I’d expect more escalations from China.
thomasdeleeuw|4 months ago
bsder|4 months ago
I could easily see Nexperia chips appearing in Russian munitions in Ukraine setting this off.
It would also match charging the CEO with "incompetence". It would be pretty easy to win that in court if the chips are appearing in Russian weaponry.