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A leading German auto supplier said Friday it has received permission to export Nexperia chips from China again as Berlin welcomed signs of “de-escalation” in a row that has alarmed carmakers.
Dutch officials in September effectively took control of Netherlands-based chipmaker Nexperia, whose Chinese parent company Wingtech is backed by Beijing.
China responded by banning re-exports of the firm’s chips, triggering warnings from automakers of production stoppages as the components are critical to cars’ onboard electronics.
But Beijing announced at the…
