US and Europe Clash Over Nexperia Chip Supply Amid Trade Tensions
TL;DR Summary
A warning from a major automaker group highlights that a chip supply disruption caused by a dispute between China and the Dutch government over Chinese-owned Nexperia could quickly impact US auto manufacturing, with potential spillover effects across industries. Nexperia's chips are vital for US vehicle production, and the Dutch government recently took control of the company due to concerns over technology transfer to China, amid US export restrictions. Automakers are urging a quick resolution to prevent significant disruptions.
Topics:top-news#auto-industry#business#china-netherlands-dispute#chip-supply#nexperia#us-auto-production
- Automaker group warns Nexperia chip supply issue could quickly disrupt US production Reuters
- The Small Company in Europe Caught in the Big Trade War Between the U.S. and China The New York Times
- Carmakers Push to Secure Chips as China Trade Spat Escalates Bloomberg.com
- How U.S. Pressured Netherlands to Oust CEO of Chinese-Owned Chip Maker The Wall Street Journal
- The Dutch seize control of Nexperia from its Chinese owner The Economist
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