The biggest reversal in the global chip industry is coming in 2025! Anshi Semiconductor, which was unjustly seized by the Netherlands, is now making a strong comeback with Chinese production capacity, supplying an average of 6 billion chips monthly to restore global supply, but with the ultimate condition: all transactions must be settled in RMB, and contracts must be signed directly with Anshi China. Europe, which once held the power of discourse, has completely become a rule-taker. This dual game of technology and finance is directly rewriting the global semiconductor industry landscape!Who would have thought that the confidence for this reversal was already laid during the acquisition by Chinese capital? In 2019, Wingtech Technology spent 33.4 billion to acquire Anshi and fully promoted the localization of production capacity. Now, the bases in Dongguan, Wuxi, and Shanghai account for 70%-80% of Anshi’s global production capacity, with the Dongguan testing base processing 50 billion chips annually, and the 12-inch automotive-grade wafer factory in Lingang is running at full capacity. As a global power semiconductor giant, Anshi ranks second in the global market share of automotive-grade MOSFETs, with its inverter chips for electric vehicles occupying 40% of the market share. More than 12% of the automotive chips for European car manufacturers such as BMW, Volkswagen, and Mercedes-Benz rely on its supply, making it impossible for the 515 core customers worldwide to bypass this ‘Chinese chip’.
The fuse for this game was the hegemonic actions of the Dutch government. On September 30, the Netherlands froze the assets of Anshi’s 30 global entities under the pretext of ‘national security’, forcibly stripping away Chinese control in an attempt to cut off China’s grip on the core chip supply chain to Europe. But they forgot that while the headquarters can be frozen, the production capacity is firmly rooted in China. Within 48 hours, China issued an export ban, and the 19-day supply cut directly put European car manufacturers in a desperate situation: Volkswagen’s German factory issued a warning of production stoppage, and BMW’s inventory was only enough to last two weeks. The European Automobile Manufacturers Association estimated potential monthly losses in the billions of dollars.As European car manufacturers were on the brink of collapse, Anshi China’s notice to restore supply was akin to a ‘rule rewriting order’: not only bypassing the Dutch headquarters to sign directly with the Chinese company, but also completely abandoning the US dollar and euro, with RMB becoming the only settlement currency. This move was not arbitrary but was backed by three major trump cards: first, production capacity monopoly, with Anshi China accounting for over 20% of the global power chip monthly supply capacity, and the certification cycle for alternative manufacturers lasting up to a year, which Europe simply cannot afford; second, financial security, settling through the RMB cross-border payment system (CIPS) to completely avoid the risk of SWIFT freezing, cutting off foreign financial intervention paths; third, market confidence, with revenue from the Chinese market accounting for nearly half of Anshi’s global income, local orders can already support production capacity, making European customers no longer ‘essential’.
This victory’s significance has long surpassed the game of a single enterprise. It marks a milestone for China’s chip industry from ‘passively enduring’ to ‘actively setting rules’: for the first time breaking the monopoly of US dollar settlements in the high-tech semiconductor field, opening a key track for the internationalization of RMB; using production capacity sovereignty to hedge against political interference, proving the hard truth that ‘manufacturing is king’; and sounding the alarm for the global technology industry that violating commercial contracts and engaging in technological hegemony will ultimately lead to the loss of rule-making power.Now, Anshi China has cumulatively shipped 7.4 billion chips, and the RMB settlement model is being accepted by more international customers. Europe’s ‘exit’ is not a complete supply cut but a loss of its former dominant position, forced to enter the game framework set by China. From rare earth control to chip countermeasures, from energy trade to high-tech settlements, the internationalization of RMB is accelerating in various key areas, supported by China’s integrated hard power of production capacity, technology, and market.The storm triggered by 6 billion chips tells the world a simple truth: in the global industrial chain, true discourse power is never obtained through political pressure, but through firmly grasping production capacity, technology, and market. While Europe is still indulging in ‘security fantasies’, China has already proven through practical actions: rules are always set by the strong!Do you think this chip game will trigger a chain reaction in the global semiconductor settlement system?