Dutch Chip Blockade Threatens Car Factory Shutdowns
The Netherlands blocks China's Nexperia from acquiring Nowi, triggering a semiconductor crisis that could paralyse European car manufacturing and escalate global tech tensions.
The Netherlands blocks China's Nexperia from acquiring Nowi, triggering a semiconductor crisis that could paralyse European car manufacturing and escalate global tech tensions.
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OPEC+ halts planned oil output increases, sending crude prices soaring above $84. Meanwhile, UK manufacturing activity contracts for the 29th consecutive month amid ongoing economic pressures.
Major European chipmaker Nexperia suspends deliveries to Chinese customers, threatening global car manufacturing and escalating tech trade tensions.
Major European automotive manufacturers confront production paralysis as critical Chinese computer chips face potential EU tariffs, threatening vehicle supply chains across the continent.