The US Dutch Colonies aren’t going to be happy when Nexperia China goes off and does its own things.
On Saturday, Nexperia's China unit said it complies with Chinese laws and has the right to operate independently
A notice on its official WeChat account said all of its employees continue to work under the unit's instructions, and may reject any "external instructions" not approved by its Chinese legal representative.
You can feel their contempt. “Suspended by a competent court.” Why was the word competent in the statement?
"This situation has arisen from the unauthorised actions of our former CEO Wing Zhang (Xuezheng), who has been formally suspended by a competent court...and has no authority to represent Nexperia," the Dutch chipmaker said.