BMW says supplier network impacted by row over chip maker Nexperia


FILE PHOTO: The logo of Chinese-owned semiconductor company Nexperia is pictured in Hamburg, Germany, June 27, 2024. REUTERS/Fabian Bimmer/File Photo

BERLIN (Reuters) -Parts of BMW's supplier network are affected by U.S. and Chinese export restrictions that have been imposed on chipmaker Nexperia amid a growing row over intellectual property, a spokesperson for the German carmaker told Reuters on Thursday.

"We are in close contact with our suppliers and continuously assess the situation in order to identify potential supply risks at an early stage and take appropriate measures if necessary," the spokesperson said in an emailed statement.

Production continues at BMW's plants as planned, he added.

The Dutch government on Sunday said it had taken control over Nexperia, a Netherlands-based company that manufactures chips for cars and consumer electronics, citing worries about the possible transfer of technology to its Chinese parent company, Wingtech.

On Tuesday, Nexperia said it is facing export restrictions from both the U.S. and Chinese governments.

(Reporting by Rachel More; editing by Matthias Williams)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Google offers EU to change adtech policy, no divestment
Video podcasts become next streaming battleground
Meta Platforms’ AI lay-offs triggered by resource competition, says ex-researcher
India's Pine Labs jumps 29%, overcoming valuation jitters in red-hot IPO market
YouTube superstar MrBeast opens pop-up park in Saudi Arabia
Who pays when AI is wrong?
Waymo is hitting US highways. Here's what to know about the robotaxi's expanded service
Australian AI company Firmus to raise $325 million to accelerate AI infrastructure rollout
Apple and OpenAI must face X Corp's lawsuit for now, US judge rules
Digital lender Nubank posts Q3 income beat, record profitability

Others Also Read