China to waive export controls on Nexperia chips intended for civilian applications.

China to waive export controls on Nexperia chips intended for civilian applications.

BEIJING, Nov 9 — China’s commerce ministry announced that Nexperia chips intended for civilian use will be exempt from export restrictions.

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World

BEIJING, Nov 9 — China’s commerce ministry announced that Nexperia chips intended for civilian use will be exempt from export restrictions.

The government said it is awaiting concrete steps from the Netherlands to resolve a dispute over Nexperia, which has caused chip shortages and disrupted car production. The ministry added that it welcomes continued European efforts to urge the Dutch side to address what it called “wrongful” practices. — Reuters

The Chinese government said yesterday it was waiting for concrete actions by the Netherlands to resolve a dispute over Nexperia. — Reuters pic

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