A major standoff involving Nexperia, a Dutch chipmaker owned by China's Wingtech, threatens global auto production. With export bans and national security concerns, automakers are on high alert for potential chip shortages.
Nexperia has suspended wafer supplies to its Chinese plant, raising concerns among global automakers. This decision follows a contractual dispute and could worsen the chip shortage crisis affecting the industry.
As the U.S. pressures allies to curb Chinese influence in technology, the Dutch government seizes control of Nexperia, a major chip manufacturer. What does this mean for global supply chains?