EU forced to exempt banned Chinese chipmaker after auto industry warns of supply crisis — European car factories warn of imminent supply chain collapse
The European Commission is considering a temporary exemption for a Chinese semiconductor manufacturer, likely Yangzhou Yangjie Electronic Technology, from recent sanctions. This move comes after European automakers warned of an imminent supply chain collapse and production stoppages due to chip shortages. The exemption is intended to prevent a crisis in the automotive industry, which had already been impacted by previous sanctions on Nexperia. AI
IMPACT Potential disruption to automotive supply chains could impact the deployment of AI-enabled features in vehicles.