Global automakers are scrambling to find chips and checking with suppliers to see if they have enough stockpiled, as a deepening semiconductor supply crunch related to Dutch firm Nexperia threatens car production across the industry.
Beijing banned exports of Nexperia's products from China after the Dutch government seized control of the chipmaker last month, citing concerns about the transfer of technology to its Chinese parent, Wingtech, which has been flagged by the U.S. as a possible national security risk.
Source : Reuters