Nexperia's Dutch headquarters says it welcomes announcements lifting block on shipping chips

Dutch chipmaker Nexperia BV, said that it welcomed recent statements by the US and Chinese governments removing barriers to the company shipping its chips. The company said that its focus is on ensuring the stability of supply to customers. The fi...

Reuters
Nexperia BV, the Dutch chipmaker, said on Sunday it welcomed recent statements by the US and Chinese governments removing barriers to the company shipping its chips, but it declined to comment on statements made by its Chinese subsidiary that it will accelerate steps towards becoming independent.

Nexperia said its focus is now on ensuring the stability of supply to customers. The Dutch government said separately it is continuing talks with the Chinese and other governments, and industry, on a "constructive way forward" for Nexperia.

A fight over control of Nexperia, which makes large volumes of basic chips used in cars, has led to shortages and alarmed automakers around the globe.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Tech & Internet › Nexperia's Dutch headquarters says it welcomes announcements lifting block on shipping chips
Text Size:AAA
Success
This article has been saved

*

+