Dutch chipmaker Nexperia's Chinese unit resumes supply: One condition that may have ‘solved’ matter
Dutch chipmaker Nexperia's Chinese unit resumes supply: One condition that may have ‘solved’ matter
Nexperia's Chinese unit has resumed chip supplies to local distributors after a brief halt due to an ownership dispute and export ban. Crucially, all domestic sales must now be settled in Chinese yuan, signaling a move towards greater autonomy for the subsidiary. This follows Dutch government intervention over concerns about technology misappropriation by its Chinese parent.
Nexperia's Chinese unit has resumed chip supplies to local distributors after a brief halt due to an ownership dispute and export ban. Crucially, all domestic sales must now be settled in Chinese yuan, signaling a move towards greater autonomy for the subsidiary. This follows Dutch government intervention over concerns about technology misappropriation by its Chinese parent.