The fallout from the scuffle between the Dutch government and Chinese business interests over the ownership of Dutch chip firm, Nexperia, is starting to impact supply chains elsewhere in the world. A major supplier for automakers like Volkswagen and BMW has announced it's slowing production in Germany due to shortages of semiconductors from Nexperia, as per Bloomberg. Perhaps in an effort to reduce this impact, Nexperia has also announced it will be cutting wafer supplies to its Chinese facilities, according to Reuters.
The Dutch government took control of automotive and appliance chip maker Nexperia early in October, seizing it from its Chinese parent company. Various reasons for the move were cited, though it was eventually revealed that the US government had placed pressure on the Dutch to restrict Chinese influence, and that the then-CEO had been trying to use Nexperia funds to prop up his private chip fab in China.
