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fromTechzine Global
3 hours ago

Nexperia China resumes sales to domestic distributors

The Chinese subsidiary of chipmaker Nexperia has resumed deliveries to local distributors. However, there have been significant changes: sales are now only permitted for the domestic Chinese market, and all transactions must be settled in yuan. This is according to Reuters, based on sources. Distributors are also required to have their own customers pay in yuan, a development that follows China's export ban due to a property dispute.
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fromTheregister
2 days ago

Nexperia denies ousted CEO's claim China unit's gone solo

Nexperia denies its Chinese division operates independently and rejects claims of unpaid salaries after a Dutch government takeover amid export-control and geopolitical tensions.
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