Embattled Dutch chipmaker Nexperia blasts ousted CEO over false accusations — claims of unpaid salaries and independent operation in China are 'falsehoods', say company
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AI GeneratedDutch chipmaker Nexperia has accused its ousted Chinese CEO of spreading false claims about unpaid salaries and independent operations in China. The company denies these allegations and states that all its facilities are operating normally. The Dutch government took control of Nexperia to prevent key technologies from reaching China, following pressure from US regulators over the CEO's actions. China has blocked the Chinese Nexperia facility from exporting products, leading to tensions. Dutch Economy Minister plans to discuss the issue with his Chinese counterpart and the European Commission to mediate. The dispute highlights the global trade war over semiconductor manufacturing supply chain control between the US and China.