AMSTERDAM (Reuters) – Nexperia, a Dutch- based integrated circuit manufacturer, will abide by united state limitations after its Chinese moms and dad business Wingtech was placed on the united state Department of Commerce’s “entity list”, a representative stated on Tuesday.
“The listing subjects Wingtech’s access to U.S. technology to licensing requirements,” the agent stated. “These do not apply to Nexperia or its subsidiaries. Nexperia will comply with the U.S. restrictions as these apply to its interactions with Wingtech.”
Nexperia is just one of the globe’s biggest manufacturers of easy integrated circuit such as diodes and transistors, and this year it transferred to increase procedures in Hamburg, Germany.
The Commerce Department stated on Monday it had actually included Wingtech and a number of Chinese investment company to the checklist as a result of their initiatives to get chip production modern technology important to the support sector of the united state and its allies.
(Reporting by Toby Sterling; modifying by Jason Neely)
