Published by Global Banking & Finance Review®
Posted on November 7, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleAumovio secures an export exemption from China, easing the Nexperia chip supply crunch. CEO Philipp von Hirschheydt confirms the approval, reducing the need for furlough measures.
BERLIN (Reuters) -Germany's Aumovio, one of the automotive suppliers facing pressure on its supply chains in the spat over Nexperia, has received an exemption from China to resume exports of the company's chips, its chief executive said on Friday.
"We applied for and received an exemption from the export restrictions. We received it the day before yesterday verbally, yesterday in writing," CEO Philipp von Hirschheydt said after the company reported its third-quarter results.
Regarding possible furlough measures prepared by the company as a precaution, he added, "We assume that this will most likely not be necessary."
(Reporting by Rachel More and Christina AmannEditing by Ludwig Burger)
A supply chain encompasses all the steps involved in getting a product from its initial stage to the final consumer. This includes sourcing materials, manufacturing, and distribution.
An automotive supplier is a company that provides parts, components, or services to car manufacturers. They play a crucial role in the automotive industry by ensuring the availability of necessary materials.
A chip supply crunch refers to a significant shortage of semiconductor chips, which are essential components in various electronic devices, including automobiles. This shortage can disrupt production and lead to delays.
An exemption in trade refers to a special permission granted to a company or entity that allows them to bypass certain regulations or restrictions, often to facilitate business operations.
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