By David Shepardson WASHINGTON (Reuters) – The White House plans to announce that Dutch chipmaker Nexperia’s facilities in China will resume shipments, a source familiar with the situation told Reuters, in a key boost for automakers around the world. The company produces large volumes of chips in the Netherlands that are widely used in automobiles…
By David Shepardson WASHINGTON (Reuters) – The White House plans to announce that Dutch chipmaker Nexperia’s facilities in China will resume shipments, a source familiar with the situation told Reuters, in a key boost for automakers around the world. Reuters reported on Friday that Nexperia has suspended wafer supplies to its Chinese assembly plant, according…
AMSTERDAM (Reuters) – The Netherlands’ decision to take control of chipmaker Nexperia in September was prompted by fears that the company’s former chief executive was already dismantling the company’s European operations and moving production to China, four sources in The Hague familiar with the government’s thinking said on Monday. A month-long standoff between China and…
Amid a geopolitical storm over its Dutch Nexperia chip unit, Wingtech Technology posted stellar third-quarter profits and warned of potential future disruptions. The impact of the power struggle on Nexperia, the biggest source of revenue for Wingtech, was “difficult to quantify precisely,” the Chinese company said in its filing to the Shanghai Stock Exchange after…
By Che Pan and Wen-Yee Lee BEIJING/TAIPEI (Reuters) – The Chinese unit of Dutch chipmaker Nexperia has resumed supplying semiconductors to local distributors, according to two people briefed on the matter, after previously halting all shipments when Beijing banned exports following an ownership dispute. But as part of the resumption, which is limited to domestic…
By Raquel More BERLIN (Reuters) – European carmakers could face major manufacturing disruptions without a quick resolution to a trade and intellectual property dispute over chipmaker Nexperia between China and the Dutch government, an industry association warned on Thursday. The dispute could cause further strain on Europe’s auto sector, whose manufacturers and suppliers are already…
