Workflow
Seized chip company races to split from China as car industry crisis looms
Yahoo Finance·2025-11-01 21:00

Volkswagen has warned that profit targets are at risk amid supply disruption - Jens Schlueter/Getty A chip maker dramatically taken over by the Dutch government is preparing to rapidly step up production outside of Beijing’s orbit. Nexperia, which the Netherlands seized from its Chinese owner last month, is seeking to double production at its site in Malaysia, amid a Beijing trade embargo that threatens to bring car production to a standstill. The company’s chips, which are critical to car production, a ...