China to Netherlands on Nexperia: ‘Correct mistakes and clear the obstacles to…’

    China to Netherlands on Nexperia: ‘Correct mistakes and clear the obstacles to…’

    The Chinese government has urged the Netherlands that Dutch officials “correct their mistakes” regarding the takeover of chipmaker Nexperia, and help in restoring the global chip supply chain. In a statement released this week, the Chinese commerce ministry described the Dutch administrative interference as “inappropriate” and “perplexing”.“China once again urges the Netherlands not to act…

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    China lifts restrictions on Nexperia chips, easing global shortage

    China lifts restrictions on Nexperia chips, easing global shortage

    On the Dash: China has exempted compliant Nexperia chip exports, providing relief to global automakers. The Netherlands may lift restrictions on Nexperia if EU-mediated negotiations succeed. Automakers like Honda and Volkswagen continue to monitor the situation as production disruptions have already impacted profits. According to reports on Sunday, China confirmed it has taken the necessary…

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