We use cookies

We use cookies to ensure you get the best experience on our website. For more information on how we use cookies, please see our cookie policy.

Back to home

Nexperia allowed to resume exports from China following Trump-Xi talks — companies may seek exemptions from the Ministry of Commerce to restart international deliveries

Source

Tom's Hardware

Published

TL;DR

AI Generated

China has lifted the export ban on Nexperia, allowing companies to apply for exemptions to resume international deliveries. The Ministry of Commerce will consider exemptions as automakers worldwide face disruptions due to supply chain instability. The ban was initially in response to the Dutch government seizing control of Nexperia from its Chinese parent company, Wingtech. The move comes after talks between U.S. President Trump and Chinese President Xi Jinping, where the U.S. postponed its 50-percent subsidiary rule affecting blacklisted entities. Nexperia's ownership saga continues as the Dutch headquarters has stopped exports to its China factory, posing challenges to meeting global demand for automotive semiconductors.