China confirms Nexperia chip export resumptions, EU says
> The European Commission said on Saturday that Chinese authorities had confirmed a partial resumption of Nexperia chips, easing a blockage that has alarmed carmakers.
> The dispute erupted in September when the Dutch government effectively took control of Nexperia, which is based in the Netherlands but whose parent company is China’s Wingtech.
> China responded by banning re-exports of the firm’s chips, triggering warnings from carmakers of production stoppages as the components are critical to onboard electronics.
> But Beijing announced at the weekend it would exempt some chips from the export ban, reportedly part of a trade deal agreed by President Xi Jinping and his US counterpart Donald Trump.
https://www.euractiv.com/news/china-confirms-nexperia-chip-export-resumptions-eu-says/ #DonaldTrump #China #chips #semiconductors #Wingtech #XiJinping #automotive #cars













