China has banned exports of Nexperia's finished products which are widely used in car parts.
China has banned exports of Nexperia’s finished products, which are widely used in car parts, in response to the Netherlands seizing control of the company.
By Reuters
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Dutch-controlled company informs customers about suspension but is said to want to de-escalate trade war
EU-China chip disputes alarmed carmakers amid concerns it could halt global car productions
Beijing tells Netherlands ‘stop interfering’ after seizure of chipmaker Nexperia as export bans disrupt supply chain
Japan also affected as manufacturers report Nexperia has warned them of possible supply problem
Dutch government’s move pauses dispute that threatened car production around the world
The Nexperia crisis is still threatening vehicle production worldwide.
