Tuesday, 14 October 2025

Today the Netherlands expanded the reasons for the world to avoid the EU.

 https://x.com/Kathleen_Tyson_/status/1977720215753445729

Kathleen Tyson
I lost an hour of my life reading through the Draghi Report on EU Competitiveness on Saturday. Today the Netherlands expanded the reasons for the world to avoid the EU. Wingtech bought an unprofitable Nexperia 7 years ago, invested management, research, and cash in restoring market leadership and profitability, only to have the company seized by the Dutch state using wartime powers without a war. Lawless thuggery.
Quote
Petri Kuittinen
@KuittinenPetri
Replying to @RYANHINGSHING
This makes no sense. Nexperia was acquired by Chinese Wingtech Technology in Oct 2018, ~7 years ago. Under the Chinese ownership the company revenue has grown, while being profitable. Dutch gov decision to Freezing Nexperia sets a dangerous example. Which company will be next?

https://x.com/Kathleen_Tyson_/status/1977720215753445729

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