China Resumes Nexperia Chip Exports to Ease Supply Crunch

China has restarted some exports of Nexperia chips, potentially easing a supply crunch in the automotive industry and taking a step toward resolving a conflict with the Netherlands.

The Chinese Ministry of Commerce will allow shipment of components intended for civilian use, according to a statement on Sunday. Shares of Nexperia’s Chinese owner Wingtech Technology Co. on Monday rose as much as 6.4% in Shanghai to the highest since September.