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Geopolitical tensions round Nexperia's chip provide chain may quickly halt Europe's auto trade

Geopolitical tensions round Nexperia's chip provide chain may quickly halt Europe's auto trade

In accordance with trade insiders cited by the Monetary Occasions, Europe’s automotive sector may quickly face a “devastating” scarcity of crucial semiconductors wanted for automobile manufacturing. On the coronary heart of this rising provide chain disaster is Nexperia, a semiconductor producer owned by the Chinese language firm Wingtech Know-how.

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