China warns Dutch
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A power struggle over Nexperia, a Chinese-owned Dutch semiconductor maker, is impacting global auto production.
The Chinese government said on Saturday it is waiting for concrete actions by the Netherlands to resolve a dispute over chipmaker Nexperia that has led to shortages of the company's chips and threatened car production.
A power struggle over Nexperia, a Chinese-owned Dutch semiconductor maker, is impacting global auto production. The Dutch government has taken control of Nexperia, citing national security
Nexperia said it suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal discord at the embattled automotive chipmaker.
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Exclusive: Nexperia unsure 'if and when' China unit will send chips, letter to customers says
Nexperia cannot say when deliveries of chips from its site in Dongguan, China will resume or vouch for their quality, according to a letter to customers facing supply crunches due to a fight for control over the Dutch semiconductor group.
The announcement comes a day after the Netherlands indicated that shipments of Chinese-made Nexperia chips would soon resume.
The Dutch government is ready to relinquish its control over Nexperia if Beijing allows its China factory to resume exports.
China's commerce ministry accused the Netherlands on Tuesday of not working with Beijing to resolve the dispute surrounding the Dutch government's seizure of chipmaker Nexperia and warned of further supply chain disruptions as a result.
The Dutch headquarters and its China arm trade accusations of misconduct and misinformation, clouding prospects for supply chain stability.