They can always just change nationality. That&#x27;s a pretty common thing for companies to do. So nationality doesn&#x27;t matter; it&#x27;s a flag of convenience at best.<p>The real issue is that the US government has the final say on which products are legal to sell in the US. If the USG says that no lumileds or products containing lumileds can be sold or imported in the US, then Lumileds is fucked. You don&#x27;t want to lose the US market. Same goes for the EU.