By Foo Yun Chee
BRUSSELS (Reuters) -EU tech chief Henna Virkkunen will meet chipmaker Nexperia on Friday, she mentioned on X, amid considerations a couple of deepening provide squeeze linked to the Dutch firm.
“Tomorrow assembly @Nexperia. Essential classes being drawn for our #ChipsAct 2.0 foreseen starting of 2026,” Virkkunen mentioned on X.
She had hosted digital conferences with the CEOs of Infineon, STMicroelectronics, NXP and Acea earlier on Thursday.
Nexperia, owned by Chinese language firm Wingtech, has been within the highlight after the Dutch authorities earlier this month took management of the corporate.
Sources say this was prompted by worries that its former CEO was dismantling the corporate’s European operations and shifting manufacturing to China.
Beijing subsequently responded by blocking Nexperia merchandise from leaving China, prompting the Netherlands-based firm to inform carmakers it might now not assure provides. That triggered nervousness in different sectors as effectively.
Nexperia makes fundamental energy management chips comparable to transistors and diodes. These value only some cents to purchase, however are wanted in virtually each system that makes use of electrical energy and are ubiquitous in vehicles to attach the battery to motors, for lights and braking methods.
Europe adopted the 43 billion euro ($50.15 billion) EU Chips Act in 2023, aimed toward doubling the bloc’s share of worldwide chip output to twenty% by 2030 and decreasing its reliance on overseas chipmakers.
The European Fee will evaluate this laws subsequent yr, and has tentatively referred to as it Chips Act 2.
($1 = 0.8575 euros)
(Reporting by Foo Yun Chee; Enhancing by Jan Harvey)
