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Caixin Global
Caixin Global

Tech Brief (Nov. 17): Robot-Maker Unitree Steps Closer to China IPO

Nexperia headquarters rachets up feud with China unit with salvo of accusations

Nexperia’s Dutch headquarters has blamed its China unit for any failure to stabilize wafer shipments to customers, hardening its stance in a corporate dispute that has splintered the global semiconductor company. In a strongly-worded statement on Friday, Nexperia Netherlands said it believes Nexperia China has enough wafer and finished product inventory to sustain operations for several months. Any claims of insufficient stock lead to “serious doubt” about the local management’s inventory practices, it said, stressing that “any failure to make shipments is fully the responsibility of Nexperia’s entities in China.” Nexperia Netherlands also accused its Chinese unit of disobeying its instructions, refusing to pay for wafers, misappropriating the company seal and operating with unauthorized bank accounts.

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