German automaker Volkswagen has warned of potential temporary production halts following China’s export restrictions on semiconductors produced by Nexperia — a Chinese-owned company headquartered in the Netherlands, CNBC reported via News.ro.
A company spokesperson clarified that Nexperia is not a direct supplier to Volkswagen, but its components are used by the automaker’s suppliers in vehicle assemblies.
Read full article here: turnovernews.com
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