(Nov 7): China has lifted its export ban on Nexperia chips, according to a major German automotive supplier, signalling the conflict over the semiconductor maker is headed for a resolution.
Aumovio SE resumed shipping Nexperia semiconductors and components containing them after receiving an export licence from Beijing earlier this week, chief executive officer Philipp von Hirschheydt said in an interview. China’s Ministry of Commerce lifted the broader Nexperia export ban on Friday, he added.
Von Hirschheydt’s remarks are the latest sign that the standoff over Nexperia is easing. The Dutch government is prepared to suspend its powers over the Chinese-owned chipmaker, Bloomberg News reported earlier on Friday, having seized control of the company last month.
Recently spun off by Continental AG, Aumovio makes products such as sensors, brakes and automated driving systems. It operates a dozen manufacturing sites in China and supplies major automakers including BMW AG, Volkswagen AG and Stellantis NV.
Aumovio sends Nexperia chips from China to Hungary for further distribution to its plant network. “It will take some time before all procedures and processes will get back to normal,” the CEO said, adding that there’s still a chance for disruptions in the next four to six weeks.
Still, “if everything I know today is correct, we are not going to be affected,” he said.
See also: AI chip boom fuels Taiwan’s fastest export gain in 15 years
Uploaded by Felyx Teoh
