US EditionChina to Ease Export Ban of Nexperia Semiconductors to Europe
- Following Trump and Xi's meeting, China's Ministry of Commerce said on Saturday it will permit shipments of Nexperia's mature-node chips in eligible cases, allowing customers to apply for exemptions.
- The Dutch government took control of Nexperia last month under US pressure and removed its Chinese CEO, prompting Nexperia to halt shipments from China several weeks ago.
- Manufacturers reported chip shortages constrained assembly lines in North America and Europe, with Honda pausing North American production last week and shares of Renault, Mercedes-Benz Group and Stellantis rising around 3% on Monday.
- A White House fact sheet said Beijing agreed to restore exports from Nexperia's Chinese facilities to 'ensure the continued flow of critical legacy chips,' as part of a broader high-tech trade stabilization framework.
- China said the change reflected its intent to balance national security with global supply stability, criticized the Dutch government for `inappropriate interference`, and said it will consider exemptions for eligible exports, while the European Automobile Manufacturers' Association said practical questions remain.
113 Articles
113 Articles
Nexperia's chip exports are back on, easing one of the weirdest global supply chain standoffs
The decision, announced on Saturday by China's Commerce Ministry, will permit shipments of Nexperia's mature-node chips "in eligible cases," though criteria were not specified. The ministry said the change reflected China's intent to balance national security with global supply stability. It also criticized the Netherlands for what it called "improper...Read Entire Article
Xi Jinping ready to exempt from the ban of exports to Europe some orders of semiconductors Nexperia. A breath of oxygen for the chain of the car in serious supply crisis. China takes a step back. The Chinese Ministry of Commerce announced that it would be ready to exempt from the market.
China wants to ease an export ban for Nexperia semiconductors. Exceptions should save car manufacturers from short-time work. First relaxation signals in the escalating trade conflict.
China announced on Saturday 1 November that it intended to exempt certain orders from the ban on exports to Europe from the components of the Nexperia company, imposed following a dispute with the Dutch authorities on the great dam of the automotive industry.
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