WASHINGTON, Oct 31 (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. The White House is expected to release a fact sheet later on Friday offering more details on its Chinese trade agreement.
(Reporting by David Shepardson)
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