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China exempts Nexperia chip exports, easing automaker supply crisis

Original: China grants export exemption easing Nexperia chip crisis for automakers

China has granted an export exemption covering Nexperia chips, defusing a supply standoff that threatened production lines at carmakers worldwide. The dispute, which followed Dutch government intervention at the chipmaker, had left automakers scrambling for semiconductor supplies. Industry observers expect shipments to resume, easing fears of factory shutdowns in Europe and beyond.

Why now: Automakers had warned of imminent production halts, so the exemption removes an immediate supply-chain threat.

NexperiaChinaNetherlandsautomakers

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