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Nissan Motor must cut production for its top-selling Rogue SUV. A critical chip shortage is forcing this decision. This supply problem involves the Dutch firm Nexperia. The cut is the latest result of a spreading diplomatic conflict. Production of the Rogue SUV will fall by about 900 vehicles. This reduction starts the week of November…
Nexperia BV, a Dutch chipmaker caught between Europe and China, said it welcomed recent announcements by the U.S. Government and the Chinese Government that remove barriers preventing it from shipping key semiconductor parts. The company made this statement Sunday from its Nijmegen headquarters. It declined to comment on remarks by its Chinese unit, which said…
China has agreed to ease a semiconductor export ban that threatened Europe’s car industry, after weeks of tension with the Netherlands over the takeover of chipmaker Nexperia. Earlier this year, the Dutch government took control of Nexperia — a Chinese-owned company based in the Netherlands — using emergency national-security powers. Officials said they needed to…
A key executive at Volkswagen AG has urged a swift diplomatic solution to a trade stand-off between China and the Netherlands involving chipmaker Nexperia BV. The dispute stemmed from the Dutch government seizing control of Nexperia on national-security grounds. In response, China banned exports of the company’s chips, which carmakers like Volkswagen rely on. Olaf…
The Dutch government has taken control of chipmaker Nexperia, citing serious governance failures and risks to national security. The company is owned by Chinese firm Wingtech. Officials invoked the Goods Availability Act, a rarely used law, to intervene and block management decisions considered harmful. The takeover allows government oversight without halting routine operations. A Dutch…
The Dutch government has taken control of Nexperia, a Chinese-owned semiconductor company, citing national security and governance concerns. The move marks one of Europe’s strongest interventions yet in the tech sector amid rising tensions with China. Authorities used the Goods Availability Act, a law that allows intervention in companies producing essential goods. This gives officials…
