Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout
Statele Unite
Netherlands-based chipmaker Nexperia is at the heart of a standoff between the European Union, the U.S. and China that has triggered a near-crisis for global automakers. The Dutch government seized control of Nexperia, owned by the Chinese company Wingtech, in October, citing national security concerns. The move prompted Beijing to block Nexperia products from leaving China. Meetings are underway in Europe Saturday to attempt to defuse the escalating issue, and Chinese and U.S. authorities
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