more on the #China #Netherlands #politics #news #toread
on 02025-10-14#China #Netherlands #politics #news Daan summarizes: “According to a just published article by the NRC newspaper [0], the owner wanted to use #Nexperia’s funds to finance another business (WingSkySemi) which was in financial trouble. He would have done this by making Nexperia place large orders for wafers it did not need. The article mentions Nexperia only requiring $70-80 million in wafers, while Nexperia would have ordered wafers from WingSkySemi with a value of $200 million.
In order to achieve this, the owner is said to have put strawmen without financial experience in place and fire European directors. When other directors raised the alarm about this, they were fired according to the article. This issue was raised to the Dutch government, which then intervened.”
on 02025-10-14#China #Netherlands #politics #news about #Nexperia, perhaps related following the new rare-earths restrictions that might prevent European cars from being exported to the US
on 02025-10-14The #Netherlands also has a 700MW subsea #HVDC cable to #Denmark to get #energy, presumably #wind. It broke for several months in 02020.
on 02025-07-20"NorNed" is a 700MW subsea #HVDC cable to bring the #Netherlands #energy from #Norway, costing €600M (€0.86/W).
on 02025-07-20#Video on “glasshouse vegetable production in the #Netherlands” #greenhouse #agriculture #vertical-farming
on 02021-01-20Stuff Dutch People Like. #Netherlands #culture #stereotypes
on 02016-07-11