Nexperia Suspends Salaries and Access for Chinese Employees Amid Rising Tensions

Reported 2 days ago

Dutch semiconductor company Nexperia has reportedly stopped salary payments and restricted system access for its employees in China, escalating a political conflict between the Netherlands and China. This action follows the Dutch government's seizure of the company's management over security concerns, with reports indicating that Nexperia's Chinese unit is struggling to maintain operations amid these tensions. Workers have expressed concern over the implications of this geopolitical dispute on their jobs.

Source: YAHOO

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