The Latest Breaking News from Nexperia

Europe’s car industry is bracing for new supply shocks after Dutch chipmaker Nexperia halted wafer shipments from China amid management disputes, weeks after The Hague seized control of the company over security concerns.

The fallout of the Nexperia ownership scuffle between the Dutch government and Chinese business interests is spilling overseas, with German automotive parts suppliers slowly reducing production due to semiconductor shortages. Meanwhile, Nexperia's Dutch facilities have now blocked exports to its Chinese facilities.

Nexperia's China subsidiary refuses to follow its HQ's order to vacate the position of John Chang, its VP for global sales and marketing, citing conflict with Chinese law.

Japan's Automobile Manufacturers Association warned that Nexperia's disrupted chip supply could halt vehicle production across Japan, as Volkswagen is reportedly preparing to suspend assembly of Golf and Tiguan models as early as next week.

Volvo, VW and Nissan among companies that could face supply problems due to Dutch takeover of Nexperia

Trump says he will visit China early next year, U.S. and Australia sign critical minerals pact

US pressure and Chinese restrictions on rare earth metals are disrupting EU supply chains, challenging the bloc's climate goals and increasing dependency on foreign resources.

The ousted ex-CEO of Dutch chip firm, Nexperia, has reportedly been claiming that Chinese workers can defy Dutch administrators and that staff haven't been paid. Dutch management denies these claims, calling them "factually incorrect and misleading."

Dutch authorities have, for the first time ever, invoked Cold War-era legislation to take control of a Chinese-owned microchip factory – prompting backlash from China. The move underlines the intensifying competition between the United States, China and Europe for global leadership in semiconductor technology.