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Stock impact report

Nexperia dispute a "warning shot for global supply chains," Moody's says [Yahoo! Finance]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
Company Research Source: Yahoo! Finance
is not only about governance, it marks a "warning shot for global supply chains," according to Sapna Amlani, Supply Chain Director at financial services company Moody's Corporation. The fight has led to a shortage of chips from Nexperia which has dented automotive supply chains around the world, disrupted output and led some customers to furlough staff. The Chinese-owned and Netherlands-based firm's basic chips are widely used in products ranging from computing to consumer applications. Dutch Economic Affairs Minister Vincent Karremans assumed control over Nexperia in late September due to worries that Wingtech, Nexperia's parent, may opt to move the company's operations out of the Netherlands and into China. The Netherlands argued that such a move could pose a threat to European economic security. Beijing later responded by blocking exports of Nexperia's finished chips, which are mostly packaged in China, in early October. On Sunday, China's Commerce Ministry said it had gran Show less Read more
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