AMSTERDAM, Feb 16 (Reuters) – Dutch state-owned finance institution Invest International will provide chipmaker Nexperia with a $60 million loan to support a series of global investments in its production sites, it said in a statement on Monday.
The funding is meant to help boost output, modernise production lines and improve efficiency.
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The move triggered a crisis that disrupted global supplies of basic chips for the car industry and, according to Dutch newspaper FD, scared away investors.
FD said other financing negotiations for Nexperia are underway, citing a spokesperson.
Nexperia to receive $60 million loan from Invest International to boost chip output
