Pre-Open Stock Movers 08/16: (NAOV) (TVTX) (ADMA) (SONO) Higher, (SESN) Lower (more...)

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Nio (NIO) and Tesla (TSLA) Supplier Bosch China Cuts Off Chip Deliveries

August 18, 2021 7:25 AM EDT

David Xu, the vice president of Bosch China, released on Tuesday that its semiconductor factory in Muar, Malaysia, was shut down by the government due to pandemic restrictions. The factory is specialized in producing ESP/IPB, VCU, TCU chips.

In China, Bosch supplies chips and car parts to car... More