Berlin: Germany’s automotive supplier Aumovio SE has successfully obtained a key export exemption from China, enabling the company to resume vital chip shipments amid ongoing global supply chain tensions linked to Nexperia NV. The development comes as a significant relief for Aumovio, which had been preparing for potential production slowdowns due to disruptions in chip availability.

Aumovio Receives Export Waiver Amid Chip Supply Concerns

Speaking after the company released its third-quarter financial results, CEO Philipp von Hirschheydt confirmed that Aumovio received the exemption both verbally and in writing. “We applied for and received an exemption from the export restrictions. We received it the day before yesterday verbally, yesterday in writing,” von Hirschheydt stated. The wa

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