-
Scandic Trust Group strengthens sales network with First Idea Consultant
-
Blasts at Indonesia school mosque injure more than 50
-
Contepomi says lead-in to Wales match a 'challenge' for Argentina
-
Greece woos US energy deals, as eco groups cry foul
-
Frank says Spurs supporting Udogie through 'terrible situation'
-
MSF warns of missing civilians in Sudan's El-Fasher
-
Norris on top as McLaren dominate opening Sao Paulo practice
-
UN warns 'intensified hostilities' ahead in Sudan despite RSF backing truce plan
-
Seven hospitalized after suspicious package opened at US base
-
Guardiola says 'numbers are insane' as he reaches 1,000 games in charge
-
Brazil welcomes China lift of ban on poultry imports
-
Scotland captain Tuipulotu bids for landmark win over All Blacks
-
Woman convicted in UK of harassing Maddie McCann's parents
-
Tanzania charges more than 100 with treason over election protests
-
Nexperia chip exports resuming: German auto supplier
-
Genge warns England to beware 'nasty' Fiji at Twickenham
-
Stocks fall on renewed AI bubble fears
-
UK grandmother on Indonesia death row arrives back in London
-
Spanish star Rosalia reaches for divine in new album
-
Portugal's Mendes out injured as Neves returns for World Cup qualifiers
-
Afghan-Pakistan peace talks push ahead after border clashes
-
Fleetwood in tie for lead at halfway stage in Abu Dhabi
-
Brazil court starts hearing Bolsonaro appeal
-
Serbia fast-tracks army HQ demolition for Trump family hotel
-
Ireland captain Doris 'mentally stronger' after long break
-
MSF accuses powerful nations of weakening S.Africa's G20 health text
-
Maresca defends Chelsea rotation policy after Rooney criticism
-
Hundreds of flights cut across US in government paralysis
-
Xhaka 'made me a better coach', says Arsenal boss Arteta
-
Central Nigerian town rebuilds religious trust in shadow of Trump's threat
-
Inside Germany's rare earth treasure chest
-
Former jihadist Syrian leader makes unprecedented White House visit
-
Kagiyama takes NHK lead in Japan to kick-start Olympic season
-
Ikea profits drop on lower prices, tariff costs
-
European, Asian stocks decline after Wall Street slide
-
Tuchel brings 'immense' Bellingham and Foden back into England fold
-
German FA extends with president Neuendorf until 2029
-
No end to Sudan fighting despite RSF paramilitaries backing truce plan
-
US officials, NGOs cry foul as Washington snubs UN rights review
-
Injured teen medal hope Tabanelli risks missing home Winter Olympics
-
Bellingham, Foden recalled to England squad for World Cup qualifiers
-
Tanzania rights group condemns 'reprisal killings' of civilians
-
Slot urges patience as Isak returns to training with Liverpool
-
Rees-Zammit set for Wales return with bench role against Argentina
-
China's new aircraft carrier enters service in key move to modernise fleet
-
Operation Cloudburst: Dutch train for 'water bomb' floods
-
Leaders turn up the heat on fossil fuels at Amazon climate summit
-
US travel woes mount as govt shutdown prompts flight cuts
-
North Korea fires unidentified ballistic missile: Seoul military
-
West Bank's ancient olive tree a 'symbol of Palestinian endurance'
| RYCEF | -1.21% | 14.82 | $ | |
| BCC | -0.04% | 70.704 | $ | |
| GSK | -1.19% | 46.545 | $ | |
| RELX | -2.84% | 42.19 | $ | |
| NGG | 1.51% | 77.457 | $ | |
| CMSC | -0.34% | 23.7 | $ | |
| RIO | -0.77% | 68.74 | $ | |
| SCS | -0.25% | 15.72 | $ | |
| RBGPF | 0% | 76 | $ | |
| VOD | 1.73% | 11.54 | $ | |
| CMSD | -0.15% | 23.975 | $ | |
| AZN | 1.09% | 84.69 | $ | |
| JRI | -0.59% | 13.67 | $ | |
| BP | 0.8% | 36.11 | $ | |
| BCE | -0.13% | 23.14 | $ | |
| BTI | 0.61% | 54.545 | $ |
Nexperia chip exports resuming: German auto supplier
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 weekend it will exempt some chips from the export ban, reportedly part of a trade deal agreed by President Xi Jinping and US counterpart Donald Trump.
Aumovio, which supplies components like sensors and displays to top automakers, said it had "received an export license from the Chinese government to export Nexperia chips.
"We received the written confirmation yesterday," a spokeswoman for the group, until recently part of Continental, told AFP.
Speaking earlier in Berlin, an economy ministry spokeswoman said that "the de-escalation and continuation of negotiations between the Netherlands and China are very welcome".
She added: "We very much hope that these short-term individual approvals will quickly reach the industry."
Berlin continues to engage in talks with the Netherlands on the issue, she said, without giving further details.
While relatively simple technology, Nexperia's semiconductors are vital for onboard electronics in modern, technology-packed vehicles.
The chips are made in Europe but then sent to China for finishing, before being re-exported to clients in Europe and other markets.
Volkswagen, Europe's biggest carmaker, had warned of production stoppages if the crisis dragged on while smaller firms were reported to be preparing to cut working hours.
The Netherlands had cited national security concerns when it moved to take control of Nexperia, and accused the firm's CEO of mismanagement.
China had also accused the United States of getting involved in the case -- Washington last year put Wingtech on a list of corporations viewed as acting contrary to US national security.
Y.Kobayashi--AMWN