Aumovio's China Exemption: Supply Chain Relief

Aumovio, a German automotive supplier, secures crucial exemption from Chinas export restrictions, enabling resumption of chip exports. This development alleviates supply chain pressures, averting potential furloughs and stabilizing operations. The exemption specifically addresses Aumovios chips, critical for the automotive industry, suggesting a potential easing of tensions or carve-out for essential suppliers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.