Overview
- Reuters reported on Oct. 31 that Nexperia stopped sending semiconductor materials to its China factories after payment-related contract terms were not honored.
- Automotive chip availability has tightened, raising concerns that prolonged disruption could broaden production impacts.
- Honda temporarily suspended operations at a Mexico plant in late October because of semiconductor shortages tied to the squeeze.
- The Dutch government previously intervened in Nexperia over corporate-governance defects, and China placed the firm’s China-made products under export restrictions.
- On Nov. 1, China’s commerce ministry said exemptions could be granted for qualifying exports under certain conditions.