BERLIN (Reuters) -Germany’s automotive industry association VDA plans to set up a temporary information platform via a neutral third party to help manufacturers and suppliers avoid the negative consequences of a possible chip shortage, it said on Thursday. The platform will enable companies to anonymously offer available Nexperia semiconductor capacities, with negotiations handled outside the […]
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German auto industry plans temporary chip information platform to ease supply risks
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BERLIN (Reuters) -Germany’s automotive industry association VDA plans to set up a temporary information platform via a neutral third party to help manufacturers and suppliers avoid the negative consequences of a possible chip shortage, it said on Thursday.
The platform will enable companies to anonymously offer available Nexperia semiconductor capacities, with negotiations handled outside the exchange, and has received clearance from the German antitrust authority, VDA said.
(Reporting by Kirsti KnolleEditing by Madeline Chambers)