US to announce that Nexperia's Chinese facilities will resume shipments, source says

WASHINGTON (Reuters) -The White House plans to announce Dutch chipmaker Nexperia’s China facilities will resume shipments, a source familiar with the situation told Reuters, in a key boost for auto manufacturers worldwide. Reuters reported Friday that Nexperia suspended supplies of wafers to its Chinese assembly plant, according to a letter addressed to its customers, which could exacerbate a supply squeeze that is worrying automakers.