BMW says supplier network impacted by row over chip maker Nexperia
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BMW says supplier network impacted by row over chip maker Nexperia

by Inkhabar webdesk
BMW says supplier network impacted by row over chip maker Nexperia

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)

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