Dutch Chipmaker Nexperia Faces US-China Trade Tensions Impacting Global Supply

1 min read
Source: Reuters
Dutch Chipmaker Nexperia Faces US-China Trade Tensions Impacting Global Supply
Photo: Reuters
TL;DR Summary

The Dutch government seized control of Chinese-owned chipmaker Nexperia to prevent IP transfer, prompting China to ban exports. Dutch Economy Minister Vincent Karremans plans to meet with a Chinese official soon to resolve the standoff, which threatens global auto supply chains due to Nexperia's role in manufacturing essential car chips.

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