European carmakers and parts suppliers have warned of shortages of key chips supplied by Nexperia that would force stoppages at production lines in Europe

European carmakers and parts suppliers have warned of shortages of key chips supplied by Nexperia that would force stoppages at production lines in Europe

The EU said Wednesday it is seeking a swift resolution to a Chinese curb on chip exports linked to a row with the Netherlands over chipmaker Nexperia that has alarmed European businesses.

The crisis began when Dutch officials invoked a Cold War-era law in late September to effectively take control of Nexperia, a Chinese-owned firm whose factories are in Europe.

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