Nexperia Chip Export Ban Lifted: How Europe’s Auto Industry Avoided a Crisis
Nexperia, the Dutch-based chipmaker specialising in automotive semiconductors, is set to resume exports from its Chinese facility after China announced exemptions to its ban on re‐exports, averting an imminent production crisis for Europe’s automakers. According to official statements, China’s Commerce Ministry will allow shipments of certain Nexperia chips to leave the country under new criteria….