US EditionNexperia Chip Crisis Threatens Global Auto Production
The Dutch government anticipates resumption of chip supplies from Nexperia's Chinese unit after constructive talks, crucial for European automotive production disrupted by export restrictions.
- On September 30, Dutch authorities seized control of Nexperia under the Goods Availability Act, ousting its Chinese management over national security concerns linked to Wingtech Technology.
- Unsealed Dutch court documents show the US threatened to blacklist Nexperia's Netherlands subsidiary on October 1 unless Chinese management was removed, amid US restrictions on Wingtech, which was placed on an entity list in late 2024.
- Beijing's export curbs hit supply chains, with around 70% of packaging done in China, while Nexperia's Netherlands headquarters suspended wafer shipments to its China operations in late October, alarming European industry.
- The European Commission said engagement from China's commerce ministry averted the worst case, and Maros Sefcovic, EU trade commissioner, reported progress on Monday in talks involving the Netherlands.
- Wider geopolitical tensions between China and the Netherlands risk deepening supply‑chain disruption as China’s commerce ministry accused the Netherlands of inaction and warned of further disruptions.
72 Articles
72 Articles
Auto supplier Aumovio is allowed to import the controversial Nexperia chips from China to Europe. Shortly after the IPO, the Conti spin-off struggles for its profitability.
One of the most important German car suppliers, the Continental split-off Aumovio, gets chips from China again. Short-time work is cancelled for the time being.
Nexperia China Chip Supplies to Soon Resume, Dutch Official Says
Nexperia China Chip Supplies to Soon Resume, Dutch Official Says - Netherlands’ economy minister welcomes the China-U.S. deal that led to a breakthrough in the supply crisis, but Chinese parent Wingtech’s control over the semiconductor firm remains frozen
Following China's ban on the export of certain components of the Chinese factory in Nexperia, there will be production cuts in Yokosuka factories during the week of 10 November.
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