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.
