Overview
- China’s commerce ministry said it will consider exemptions to its ban on Nexperia chip exports, creating a licensing route for some deliveries after recent U.S.–China leader talks were reported to outline a framework.
- Nexperia Netherlands suspended wafer shipments to Dongguan on Oct. 26 over alleged payment breaches, a move detailed in a letter signed by interim CEO Stefan Tilger that the China unit called misleading and contested with its own claims.
- Nexperia China said it has sufficient finished goods and work-in-progress and is qualifying new wafer sources, asserting it can fulfill orders through year-end and expects to meet demand next year.
- European automaker shares rose Monday as disruption fears eased, though production risks persist; Honda already trimmed output and analysts say the broader ownership and control dispute remains unresolved.
- EU officials are pursuing a diplomatic fix and gathering impact data, while Nexperia prepares to expand capacity outside China, including plans reported to double output at its Seremban, Malaysia site within eight months.