China Eases Export Restrictions on Civilian Nexperia Chips
On November 9, the Chinese Ministry of Commerce revealed that it will grant export exemptions for Nexperia chips intended for civilian applications, a decision anticipated to mitigate the ongoing supply crisis impacting automotive manufacturers and their suppliers worldwide.
The ministry stated: "Beijing has enacted measures to permit the export of Nexperia chips that meet civilian use criteria." This announcement marks a significant step towards relaxing restrictions that have affected the global automotive sector, which stemmed from export controls imposed after the Dutch government acquired the major chip manufacturer Nexperia, crucial for automotive electrical systems.
Nexperia, headquartered in the Netherlands, is owned by the Chinese firm Wingtech. While the Chinese ministry did not detail the specific criteria for civilian use, the announcement aligns with reports from German and Japanese companies indicating that deliveries of Chinese-made Nexperia chips are resuming.
Additionally, China has called on the European Union to intensify efforts to resolve the current crisis. A statement from the Chinese Ministry of Foreign Affairs expressed: "China welcomes the ongoing initiatives of the European Union to encourage the Netherlands to rectify its procedures," and voiced hope that the EU will amplify its efforts to persuade the Dutch government to lift its control over Nexperia.
