Nexperia cannot guarantee quality of chips made in China since October 13

Core Viewpoint - Nexperia is facing a crisis regarding control and product authenticity, particularly concerning chips made in China, but expects to resolve the situation while ensuring operations in other countries remain normal [1][2]. Group 1: Company Control and Operations - The Dutch government seized control of Nexperia on September 30, and the Chinese government blocked exports of its products from October 4, leading to a shortage of chips used by carmakers [2]. - Nexperia's Chinese parent firm, Wingtech, is subject to U.S. restrictions, and its CEO was suspended by a Dutch court on October 7 [3]. - Nexperia has teams working on alternative options to ensure sustainable product availability in the future [5]. Group 2: Product Authenticity and Supply Chain - Nexperia warned customers that it cannot guarantee the authenticity and quality of products made in China after October 13 [1]. - While 70% of Nexperia's chips are packaged and sold to distributors in China, the company asserts that it has sufficient stockpiles to supply customers through the end of 2025 [4]. - The remaining 30% of Nexperia's products are packaged and distributed from Malaysia and the Philippines [5].