US EditionNexperia Chips Begin Flowing From China Again Amid Tensions
Dutch government may drop control over chipmaker Nexperia after China approved export licenses, easing chip supply concerns for European automotive industry.
- On Thursday, the Chinese Ministry of Commerce approved export licenses to resume Nexperia chip exports, and unnamed sources say the Netherlands may rescind its ministerial order.
- On September 30 the government used the Goods Availability Act to give Economic Affairs Minister Vincent Karremans veto power over Nexperia, aiming to block technology transfers to Wingtech.
- Nexperia's operations show it runs front-end manufacturing in Germany and the United Kingdom while a significant share of packaging and distribution occurs in China, with Zhang Xuezheng saying the Chinese division operates independently after Dutch intervention.
- Europe's automotive sector faces eased shortages if shipments resume, and Karremans said, `The Netherlands will closely monitor and support these developments, and will take the appropriate steps on our part where necessary.'
- Tensions have begun to ease, yet the battle for control over Nexperia remains unresolved as China criticizes the Dutch intervention and urges a constructive solution.
30 Articles
30 Articles
The Nexperia chip crisis is seeing more and more relaxation. Can the car industry breathe out?In the dispute over the lack of chip deliveries from Nexperia, a supplier important for the car industry, there is encouraging progress, according to EU Trade Commissioner Maros Sefcovic. As Sefcovic said, the Chinese Ministry of Commerce confirmed to the European Commission this Saturday that export procedures for Nexperia chips will be further simplif…
According to Volkswagen, the Chinese manufacturer Nexperia will receive chips again. The first deliveries have already been made, said the board member in charge of the China business, Brandstätter, to the "Handelsblatt". The German automotive supplier Aumovio can also introduce Nexperia semiconductors again.
mannheim24.de
The chip conflict between the Netherlands and China around Nexperia keeps the car industry in mind. Now a quick solution is indicated.
potentially decisive in the arm wrestling on the semiconductor manufacturer Nexperia who for weeks has opposed the Netherlands to China, threatening a key supply chain for the European automotive industry....
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