BMW says supplier network hit by dispute over chipmaker Nexperia

Core Insights - BMW has reported that parts of its supplier network are affected by a trade and intellectual property dispute involving chipmaker Nexperia, which is facing export restrictions in both the U.S. and China [1][3] - Nexperia, a major supplier of basic chips for automotive and consumer electronics, is caught in a trade conflict between the U.S. and China, raising concerns about potential impacts on the European automotive sector [2] - Despite the supplier issues, BMW's production continues as planned, and the company is actively monitoring the situation to identify supply risks [3] Company Responses - BMW is in close contact with its suppliers to assess the situation and take necessary measures if supply risks are identified [3] - Mercedes-Benz is monitoring the situation and engaging with relevant stakeholders, but has not confirmed if Nexperia is part of its supplier network [4] - Volkswagen has stated that its production remains unaffected and is also in contact with stakeholders to address any potential risks [4] Nexperia's Situation - Nexperia is seeking discussions regarding the export restrictions imposed by the U.S. and China, and has appointed a new interim CEO following the removal of the former CEO due to U.S. pressure [5] - The Dutch government has taken control of Nexperia due to concerns over technology transfer to its Chinese parent company, Wingtech [5] - Nexperia's chips, while not technically sophisticated, are produced in large volumes, with its main manufacturing site located in Hamburg, Germany, and most chips packaged in China [6]