FRANKFURT (Reuters) -Volkswagen, Europe’s biggest carmaker, has received its first deliveries of chips from Chinese-owned semiconductor manufacturer Nexperia following a supply outage, its China chief was cited as saying by German daily Handelsblatt.
The Dutch government had seized control of Nexperia, which is based in the Netherlands, on September 30 as part of a broader U.S.-Chinese trade war, and the Chinese government blocked exports of its products from October 4, leading to a shortage of Nexperia chips widely used by carmakers.
Nexperia on Thursday however welcomed news that, under a U.S.-China agreement, it will not be subject to U.S. export restrictions for one year. China has also said it will allow exports on a case-by-case basis.
“There have already been initial exports,” Ra

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