Factbox: Companies respond to China's curbs on gallium and germanium exports

Illustration picture of Chinese and U.S. flags with a worker miniature(Reuters) - China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and potentially causing more disruption to global supply chains.Following are responses from some companies to the announcement of curbs from Aug. 1 on Chinese gallium and germanium exports.* Volkswagen said on July 6 it was monitoring the situation on raw materials markets and was "ready to take measures together with its partners if necessary". The German automaker said gallium and germanium played a role in future autonomous driving functions.* Taiwan's TSMC, the world's largest contract chipmaker, said it did not expect any direct impact on its production but would continue monitoring the situation.* Dutch-based, Nasdaq-listed chipmaker NXP Semiconductors said it expected no material impact on its business.* Microchip Technology said its initial

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Factbox: Companies respond to China's curbs on gallium and germanium exports
Illustration picture of Chinese and U.S. flags with a worker miniature

(Reuters) - China said on July 3 it would restrict exports of two metals used in semiconductors and electric vehicles, escalating a technology war with the United States and potentially causing more disruption to global supply chains.

Following are responses from some companies to the announcement of curbs from Aug. 1 on Chinese gallium and germanium exports.

* Volkswagen said on July 6 it was monitoring the situation on raw materials markets and was "ready to take measures together with its partners if necessary". The German automaker said gallium and germanium played a role in future autonomous driving functions.

* Taiwan's TSMC, the world's largest contract chipmaker, said it did not expect any direct impact on its production but would continue monitoring the situation.

* Dutch-based, Nasdaq-listed chipmaker NXP Semiconductors said it expected no material impact on its business.

* Microchip Technology said its initial assessment is that there will not be a material impact.

* An Intel spokesman said on July 5 the company was assessing the ministry's statement, adding: "Our strategy of having a diverse, global supply chain minimizes our risk to local changes and interruptions."

* A source at Infineon said most of the German chipmaker's supplies come from outside of China.

* Stellantis Chief Executive Carlos Tavares said the restrictions on gallium and germanium exports should not push Western companies to "decouple" from China.

"We are not in a war with any Chinese suppliers ... in this case, it is up to the European Union to collaborate with Chinese authorities to find a solution," Tavares said.

* Navitas Semiconductor Corp said it expects no adverse effects on its business, adding: "Significant sources of gallium are available worldwide, as it is a natural by-product in the production of other metals such as aluminum."

(Compiled by Catherine Evans; Editing by Josephine Mason)

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