Newscasts - Nexperia cannot guarantee quality of China-made chips since October 13
06/11/2025 11:14
Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_j0o0rgyj&referenceId=tag:reuters.com,2025:newsml_RW989306112025RP1_930&pageId=Newscasts Source: 'Reuters - Business videos' Description: Computer chipmaker Nexperia expects to resolve a crisis over control of the company, it said on Thursday, but warned customers it cannot guarantee products made in China after October 13 are authentic and meet quality standards. Francis Maguire reports. Short Link: https://lseg.group/4oO2q3E Video Transcript: Dutch chip company Nexperia expects to resolve a crisis over control of the company. But it also warned customers Thursday it couldn't guarantee products made in China after October 13 were authentic or meet quality standards. The statement further said facilities in other countries are operating as normal. The Dutch government seized control of Nexperia in late September, citing lapses in governance. Chinese authorities then blocked exports of its products just days later from October 4. That led to a shortage of Nexperia chips widely used by carmakers. Nexperia welcomed news that it won't be subject to US export restrictions for one year under a US-China agreement. China has also said it will allow exports on a case-by-case basis. Nexperia's Chinese parent firm, Wingtech is subject to US restrictions, while Wingtech founder Zhang Xuezheng was suspended from his role as Nexperia CEO by a Dutch court in October.