China told the Netherlands to act fast to fix the Nexperia chip dispute that’s hurting car production

China is pressing the Netherlands to move quickly to resolve the dispute over Nexperia, saying delays are already causing shortages of key car components and creating pressure on European manufacturing. The conflict began when The Hague placed Nexperia under state supervision on September 30 to stop what it described as a risk of production moving from Europe to China. Days later, Beijing halted exports of chips produced in the company’s Chinese factories, and automakers in Europe immediately began reporting supply issues. Nexperia, which is headquartered in the Netherlands but owned by the Chinese technology firm Wingtech, manufactures basic semiconductors used widely inside vehicle electrical systems and everyday electronic devices. These are not cutting-edge chips, but they are produced in huge quantities and are essential to keep assembly lines running. Once the export block was enforced on October 4, shipments stopped, and factories in Europe reported potential delays. The Chinese Commerce...

https://www.cryptopolitan.com/china-urges-netherlands-act-fast-on-nexperia/