BRUSSELS, May 22 : The European Commission proposed a nine-month derogation on dealings with a Chinese semiconductor company listed in its 20th package of sanctions against Russia, a Commission spokesperson said on Friday. The company, Yangzhou Yangjie Electronic, will remain on the European Union's sanctions

The EU plans to temporarily lift sanctions on Chinese-owned chipmaker Nexperia to ease critical auto-grade semiconductor shortages hitting European carmakers.

The European Commission plans to propose temporarily lifting sanctions against a Chinese semiconductor supplier after European automakers warned of imminent supply chain chaos if…