Reported 2 days ago
Nexperia's China unit asserts its independence from its Dutch parent company, claiming it continues to operate normally, with employees receiving salaries and adhering to Chinese laws. This comes after the Dutch government took control of Nexperia and removed its Chinese CEO amid concerns over technology transfer. Despite the tensions, Nexperia maintains that it is committed to its operations and employees in China, while the global automotive and electronics industries express concerns over potential chip shortages.
Source: YAHOO