Dutch chip manufacturer, Nexperia, has accused the recently-ousted Chinese CEO, Zhang Xuezheng, of spreading "factually incorrect and misleading" claims about the company and its intentions, according to Bloomberg. Following reports he had claimed Dutch management was not paying salaries and that Chinese workers could operate independently of the company, Nexperia has denied this and claimed all its facilities were operating normally.
There's been a tug-of-war battle over automotive and machinery-chip manufacturer, Nexperia's ownership for a few weeks now. Initially, the Dutch government made the surprise move to take control of the Dutch chip maker, claiming it needed to protect key technologies from making their way to China. It was later discovered that it had received pressure from US regulators over the Chinese CEO, Xuezheng, who had been trying to use Nexperia funds and orders to prop up his own privately-held silicon manufacturer.
China then blocked the Chinese Nexperia facility from exporting its produced products, and now the ousted CEO is stirring up trouble by claiming that the facility can operate independently and that workers are not going to be paid by the Dutch management.
"Claims have been made that Nexperia has not been paying salaries to its employees,” the company said. “These statements are factually incorrect and misleading.”
These claims allegedly surfaced on an official Nexperia China WeChat page this weekend. It suggested the Chinese unit of...
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