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Nexperia saga sees wary German auto firms scramble to mitigate chip shortage (www.scmp.com)

submitted 2 days ago by rss@news.abolish.capital to c/china@news.abolish.capital

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With Beijing signalling a restart of Nexperia’s chip exports to safeguard the global semiconductor industry, uncertainties continue to swirl around the resumption of deliveries from China, said a major German automobile supplier amid plans to reduce its production and slash working hours at individual locations. “Our task force is working intensively to secure our chip supply. The situation remains very tense across the industry,” a spokesman with German car-part supplier ZF Friedrichshafen told...

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