Overview
- China’s commerce ministry granted exemptions for Nexperia chip exports designated for civilian applications, aiming to ease shortages for carmakers and suppliers.
- Auto suppliers reported initial deliveries from China to Europe and other markets, with German firms describing successful test shipments and preparations for further batches.
- Beijing said it would receive a Dutch delegation for talks and urged the European Union to press the Netherlands to reverse its emergency takeover of Nexperia.
- Wingtech Technology, Nexperia’s parent, saw its shares jump after the signals of partial de-escalation and resumed chip flows.
- The core dispute over ownership, governance and operations remains unsettled, so relief could be temporary as licensing processes and negotiations continue.