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Europe's Nexperia Move: A Self-Inflicted Supply Shock

https://www.eetimes.eu/europes-nexperia-move-a-self-inflicted-supply-shock/

by kilpikaarna • 9 months ago

7 1 9 months ago

EE

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hunglee2• 9 months ago

An example of the EU being a sacrificial pawn in a game they don't even realise they are in.

US 50% BIS export control rule - that would've placed Nexperia on the entity list and therefore cut it out from the supply chain - was suspended for a year after the Trump-Xi meeting in ROK. This was like - one week (?) after Netherlands seized the company back from Wingtech, in order to prevent it from being subject to those rules!

Now European supply gets re-routed to Nexperia China branch, in RMB, whilst the Nexperia workers in Nijmegen have to sit there and hope for the best.

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