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China warns the Netherlands to ‘immediately correct its mistakes’ over Nexperia saga that has disrupted auto production — chip shipments remain suspended, auto industry suffering from undersupply

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The Chinese Ministry of Commerce said in a statement that the Netherlands should “immediately correct its mistakes and clear the obstacles to restoring the stability and security of the global semiconductor supply chain.” Beijing said this in relation to the ongoing Nexperia crisis, in which the Dutch government seized control of the chipmaker from its Chinese parent, Wingtech, allegedly to safeguard “crucial technical knowledge.” However, this move has resulted in a component shortage for the…

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