July 6 (Reuters) - Chipmaker NXP Semiconductors on Thursday said it expects no material impact on its business from new Chinese export curbs on certain gallium and germanium products.
“We have conducted an initial review of the Chinese government’s announced plans to restrict exports of gallium and germanium. At this time, we do not anticipate a material impact to NXP’s business,” the chipmaker said in an emailed statement.
NXP, which is listed on Nasdaq but headquartered in the Netherlands, makes some chips for the auto and communications sectors using gallium or germanium. (Reporting by Michal Aleksandrowicz in Gdansk and Toby Sterling in Amsterdam; editing by Jason Neely)
