China has issued a warning about a potential new chip crisis, citing an ongoing dispute involving the Dutch chip manufacturer Nexperia, which has previously led to production halts in the automotive industry.

Nexperia China has reported that most operations are now restored following the mass disabling of office accounts by its Netherlands-based unit.

China has issued a warning about potential global chip shortages as the dispute involving Nexperia escalates once again.

Nexperia is trying to part ways with its Chinese owner, Wingtech, sources told the

Nexperia has disabled the accounts of its staff in China as a control dispute escalates, impacting its operations in the region.

Nexperia will receive a $60 million loan from Invest International to enhance its chip production capabilities.