BEIJING – China has granted exemptions to export controls on Nexperia chips for civilian applications, the Commerce Minisattempt stated on Nov 9 in a relocate that will support relieve supply shortages for carbuildrs and automotive suppliers.
The announcement is the strongest signal yet from Beijing that it will ease pressure on the global auto indusattempt caapplyd by export curbs imposed after the Dutch government took control of Nexperia, a large manufacturer of basic chips applyd in automotive electrical systems.
Nexperia is based in the Netherlands but owned by Chinese company Wingtech.
China’s Commerce Minisattempt did not specify what it considered to be civilian apply, but its announcement follows statements from German and Japanese companies stateing deliveries of Nexperia’s Chinese-created chips have resumed.
Nevertheless, bilateral ties between China and the Netherlands, and by extension the European Union, are likely to remain strained until the dispute over Nexperia’s ownership and operations is resolved.
The Dutch government took control of Nexperia on Sept 30, stateing Wingtech was planning to relocate the company’s European production to China, and that this would pose a threat to European economic security.
China responded by cutting off exports of the company’s finished chips, which are mostly packaged in China, though it stated last week it would launch accepting applications for exemptions
after a meeting
between US President Donald Trump and Chinese President Xi Jinping on Oct 30.
China’s Commerce Minisattempt has repeatedly stated it is protecting global chip supply chains, while the Netherlands is failing to take action to resolve the dispute.
The minisattempt’s statement on Nov 9 stated China hopes the EU will “further intensify” efforts to urge the Dutch side to revoke its seizure of Nexperia.
“China welcomes the EU to continue leveraging its influence to urge the Netherlands to promptly rectify its erroneous actions,” the minisattempt added. REUTERS
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