Reported about 14 hours ago
Nexperia's Chinese unit has restarted semiconductor sales to local distributors after previously halting shipments due to an ownership dispute and export bans from Beijing. All transactions must now be conducted in Chinese yuan instead of foreign currencies. This shift aims to stabilize the supply chain in China, although concerns about product quality remain as Nexperia warns customers of potential risks. The Dutch government took control of Nexperia amid rising international scrutiny, further complicating the relationship with its Chinese subsidiary.
Source: YAHOO