Categories: BUSINESS

Chip relief: China allows exports of Nexperia chips for civilian use; move to ease global auto supply strain

China has eased export controls on Nexperia chips for civilian use, a move that could alleviate global auto industry supply shortages. This signals a potential de-escalation following Dutch government intervention in the chipmaker, owned by China’s Wingtech. Beijing urges the EU to press the Netherlands to reverse its decision, aiming to safeguard global chip supply chains.
Sumitra

Recent Posts

Dialling back time: Why US kids are ditching smartphones for a $100 landline

A new landline-style device called the Tin Can is gaining popularity as families and schools…

23 hours ago

India’s wheat outlook: Production stable despite challenges, says government

India's agriculture ministry anticipates stable wheat production for the 2025-26 crop year, despite localized weather…

23 hours ago

Drill, sanction, control: Inside the oil economics driving Trump 2.0

US President Trump's second term prioritizes oil, leveraging energy dominance for global influence. Campaign funding…

2 days ago

RBL Bank net profit up 234% at Rs 230 crore

RBL Bank's net profit surged by a remarkable 234% to Rs 230 crore in the…

2 days ago

Intel bags big gains! Chipmaker’s shares jump 26% on blockbuster results; how Trump admin benefits

Intel's share price surged dramatically after exceeding first-quarter expectations, driven by strong demand in its…

3 days ago