EU claims agreement with China to unblock Nexperia chip flow

Source: China – South China Morning PostThe European Commission claimed on Saturday that it has reached an agreement with China’s commerce ministry to restart the flow of semiconductors that had been disrupted by a crisis surrounding the company Nexperia.
EU trade chief Maros Sefcovic said on social media that, effective immediately, exports of the company’s chips to the bloc for non-military uses will not be subject to Chinese licensing requirements.
“My team and I have been in constant contact with the Chinese authorities, and…Read More

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