Global automakers have received the first batch of Chinese NXP chips, "China responded quickly"
The "NXP crisis" instigated by the Dutch government has triggered panic over chip supply shortages for global automakers, and China is taking a responsible approach to ease the crisis.
Reuters reported on November 9 that the Chinese Ministry of Commerce stated on the same day that it had taken concrete measures to exempt the relevant exports used for civilian purposes in compliance with regulations, which is the strongest signal from China so far to alleviate pressure on the automotive industry. Just last week, Volkswagen executives said that the automotive industry has received the first batch of chips, and after reaching an agreement with the United States, China responded quickly. Automakers from Germany and Japan have also revealed that the chips manufactured by NXP Semiconductor in China have resumed delivery.
According to the report, automotive industry executives said on November 7 that NXP Semiconductor has resumed shipping some key chips. There are signs of easing in the company control struggle that has affected the automotive industry, and Germany welcomed this development.
"The easing of the situation between the Netherlands and China and the continued negotiations are very reassuring," said a spokesperson for the German Ministry of Economics. The ministry still hopes that "individual short-term licenses can be quickly issued to the industry," allowing the supply of NXP chips to resume.
German Chancellor Merkel also said that there are positive signals indicating that deliveries may restart, "possibly within the next few hours."
On November 7, an executive from Aumovio, a subsidiary of the German company Continental and an automotive supplier, told Reuters that they had received the first batch of NXP chips from China.
Aumovio's CEO Philipp von Hirschstein said at the company's third-quarter earnings conference, "We have again received exports (chips) from China." Regarding the previous leave and shutdown measures taken as a precaution, he added, "We think that this is probably unnecessary now."
This is the first supplier to confirm receiving approval for the export control exemption. Its clients include Volkswagen, Stellantis, and BMW.
Beirong, head of Volkswagen China, also told the German newspaper Handelsblatt that the automotive industry has received the first batch of chips.
"After reaching an agreement with the United States, the Chinese Ministry of Commerce responded quickly and announced that it would grant temporary special licenses," he said. He also mentioned that whether this mechanism can continue to operate depends especially on the relationship between the United States and China.
Japanese automaker Honda also reported progress in deliveries.
"So far, we have received notice from China that shipments have begun," said Honda Executive Vice President Haihara Tadashi. "Looking ahead, it is still difficult to make a clear judgment at present."
He added that Honda is striving to resume production at affected factories starting from late next week. Honda previously suspended production at a factory in Mexico and adjusted operations at its factories in the United States and Canada.
Original: www.toutiao.com/article/1848397526086664/
Statement: This article represents the views of the author himself.