Reported 1 day ago
Nexperia's China unit declared it has sufficient inventories and a stable supply chain following a suspension of wafer supplies by its Dutch parent company. The Dutch firm halted supplies due to alleged contractual payment issues, while Nexperia China criticized this as unilateral and deceptive. The Chinese unit plans to independently operate and has started contingency plans to ensure customer demands are met, expecting to fulfill orders beyond the year-end.
Source: YAHOO