China has said it will allow some Nexperia chips to be shipped out of the country as shortages of the critical products threaten to halt auto production around the world.
The Dutch government took control of the Netherlands-based chipmaker last month after the US expanded its export blacklist to ensnare the group, amid mounting governance concerns over its Chinese owner.
In retaliation, Beijing curtailed outbound shipments of Nexperia’s finished products, 80 per cent of which are processed in China.
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