Berlin on Saturday hailed “positive” signs after China announced it would exempt certain Nexperia chips from an export ban that had alarmed Germany’s auto industry.
“The latest reports from China are positive initial signs of an easing of tensions,” a German economy ministry spokesman told AFP, while cautioning that it was too early for a final assessment.
Beijing had restricted exports of Nexperia chips after the Netherlands moved in September to take control of the company, citing national security concerns. China accused the U.S. of interference and banned re-exports of Nexperia products to Europe.
On Saturday, China’s commerce ministry said it would grant “exemptions to exports that meet the criteria,” without elaborating.
The move offered relief to German carmakers, including Volkswagen, which had warned of potential production halts amid chip shortages. Berlin said it was closely monitoring developments and coordinating with Dutch and EU partners.
