Exclusive-Nexperia's China unit resumes chip sales to domestic distributors, sources say
Yahoo Finance·2025-10-23 04:17
By Che Pan and Wen-Yee Lee BEIJING/TAIPEI (Reuters) -Dutch chipmaker Nexperia's Chinese unit has resumed supplying semiconductors to local distributors, according to two people briefed on the matter, having previously halted all shipments when Beijing banned exports following an ownership dispute. But as part of the resumption, which is confined to domestic trade, all sales to distributors must now be settled in Chinese yuan, the people said, whereas transactions had previously only used foreign currenci ...