After TSMC, NXP Semiconductors says no material impact from Chinese export curbs

Chipmaker NXP Semiconductors on Thursday said it expects no material impact on its business from new Chinese export curbs on certain gallium and germanium products.

"We have conducted an initial review of the Chinese government's announced plans to restrict exports of gallium and germanium. At this time, we do not anticipate a material impact to NXP's business," the chipmaker said in an emailed statement.

NXP, which is listed on Nasdaq but headquartered in the Netherlands, makes some chips for the auto and communications sectors using gallium or germanium.


In a move that a top Chinese trade advisor warned was "just a start," Beijing said on Monday it would limit exports of products made from the minor metals of gallium and germanium to protect national security. That followed the US decision to impose export restrictions to curb China's access to key technologies used for artificial intelligence.

Taiwan's TSMC, the world's largest contract chipmaker, said on Thursday it does not expect any direct impact on its production from China's decision to restrict exports of two metals widely used in semiconductors and electric vehicles.

Taiwan is a major producer of chips used in everything from smartphones and cars to fighter jets, supplying companies like Apple and Nvidia.

"After evaluation, we do not expect the export restrictions on raw materials gallium and germanium will have any direct impact on TSMC's production," Taiwan Semiconductor Manufacturing Co said in an emailed statement. "We will continue to monitor the situation closely," it added, without elaborating.