Core Viewpoint - The article discusses the potential resurgence of a global chip crisis, triggered by a Chinese semiconductor company, Anshi Semiconductor, which has led to significant disruptions in the automotive supply chain, particularly affecting major manufacturers like Volkswagen [2][5][11]. Group 1: Impact on Automotive Industry - Volkswagen has announced production halts at major factories, impacting core models like Golf and Tiguan, indicating a severe disruption in its product line [2][5]. - The German automotive industry faces serious production limitations, with the possibility of factory shutdowns if supply interruptions are not resolved quickly [7]. - The Japanese automotive industry has confirmed potential delivery issues, with companies actively seeking solutions to mitigate the crisis [9][10]. Group 2: Anshi Semiconductor's Background - Anshi Semiconductor, originally part of NXP Semiconductors, specializes in basic non-advanced process chips crucial for automotive applications, such as electric control and safety systems [12][14][15]. - The company was acquired by Chinese firm Wentech after facing bankruptcy, transforming it into a significant player in the semiconductor supply chain [30][36]. - Post-acquisition, Anshi Semiconductor's market share and revenue significantly increased, with a nearly 60% growth in revenue and a rise in gross margin from 20% to nearly 40% [37]. Group 3: Legal and Regulatory Challenges - The Dutch government has frozen Wentech's assets and knowledge rights in Anshi Semiconductor, citing concerns over supply chain security and governance issues [40][44]. - The legal actions taken against Wentech and its CEO, Zhang Xuezheng, are seen as part of a broader geopolitical struggle involving semiconductor technology and supply chains [51][55]. - The U.S. has expanded its sanctions, complicating the operational landscape for Anshi Semiconductor, which is now at risk of being included in the U.S. entity list due to its ties with Wentech [57][59]. Group 4: Response and Future Outlook - In response to the Dutch actions, the Chinese government has implemented export controls on Anshi's operations, significantly affecting its European supply chain [61][63]. - Anshi's Chinese operations have declared independence from Dutch management, asserting their capability to maintain production standards and meet customer demands [66][70]. - The development of a new wafer factory in China positions Anshi to potentially replace its European supply chain, indicating a shift in the semiconductor landscape [72][76][80]. Group 5: Broader Implications - The crisis highlights the ongoing global competition in the semiconductor sector, which has evolved from a focus on technology to a comprehensive confrontation over supply chains and regulations [93][94]. - The European automotive industry is likely to seek alternative supply solutions to avoid future disruptions, reflecting a shift in strategy following the crisis [91][92].