China warns of a new chip crisis – another dispute at Nexperia

The warning is triggered by the accusation from the Chinese Nexperia division that the Dutch parent company had blocked the office accounts of all employees in China. This has created “new difficulties and obstacles” for the negotiations, the ministry said. “Should this lead to another global crisis in semiconductor production and supply chain, the Netherlands must take full responsibility.” Nexperia is an important supplier to the automotive industry; the company’s chips are used in numerous electronic vehicle systems.