Overview
- The Dutch government assumed control of Nexperia last month, citing the need to protect European technological autonomy.
- China’s Ministry of Commerce halted shipments from Nexperia’s China operations and urged the Netherlands to reverse course.
- Nexperia told automotive customers on October 10 that it could no longer fully guarantee deliveries of its chips.
- The company accused ousted CEO Zhang Xuezheng of spreading falsehoods and denied claims it failed to pay employees in China.
- Industry groups including the Alliance for Automotive Innovation, ACEA and Germany’s VDA warned of potential production cuts, while TechInsights cautioned about ripple effects resembling the 2021 shortage.