"The Japan Automobile Manufacturers Association, whose members include Nissan, Toyota, Honda and Mazda, said on Thursday it had received a warning from Nexperia that chips could now be in short supply, potentially holding up manufacturing. The chips manufactured by the affected manufacturers are important parts used in electronic control units, etc, and we recognise that this incident will have a serious impact on the global production of our member companies, the association said."
"Last week the Dutch government said it had invoked a cold-war era law to take effective control of Nexperia following concerns raised by the US about the Chinese shareholder Wingtech. That decision caused an immediate rift with Beijing, which banned all exports from the chipmaker, escalating the already tense relations between China and the US before a potential meeting between the leaders Donald Trump and Xi Jinping next week in Korea."
Car manufacturers across Europe and Japan warned that intervention in a Chinese-owned chipmaker could cause production disruptions. The Netherlands invoked a cold-war era law to take control of Nexperia amid US concerns about Chinese shareholder Wingtech. China responded by banning all exports from the chipmaker, worsening China-US tensions. Nexperia produces large volumes of semiconductors in the Netherlands with packaging in China and global sales. The Japan Automobile Manufacturers Association received warnings that chip shortages could delay manufacturing, noting the chips are important for electronic control units and could seriously impact global vehicle production.
Read at www.theguardian.com
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