China to loosen chip export ban to Europe following Netherlands row

Beijing lifts chip export ban on Nexperia, a Chinese-owned chipmaker based in the Netherlands, after Dutch authorities took control due to governance issues. The ban had halted chip flow to Europe, causing concern among European carmakers who rely on Nexperia's chips for their supply chain. Beijing announces it will consider exemptions for chip exports, but details are scarce. The chip saga highlights global security concerns, with the U.S. and U.K. also expressing national security worries. The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.