US and Europe Clash Over Nexperia Chip Supply Amid Trade Tensions
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.