The dutch government said sunday it had taken control of the company A dutch court has suspended zhang xuezheng, ceo of semiconductor company nexperia, citing reckless leadership and poor preparation for imminent u.s Nexperia said its ceo and shareholder zhang xuezheng had been suspended from his post following a court order.
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The company has also denied allegations that it has failed to pay employee salaries, claiming that its recently ousted ceo, zhang xuezheng, was actively spreading falsehoods after the dutch ministry of economic affairs took control of the firm last week, according to a statement obtained by bloomberg.
The company accused mr zhang xuezheng in a statement on oct 20 of “unauthorised actions” after his suspension by a dutch court
It said claims that nexperia’s chinese operations are now an. The dutch government believed chipmaker nexperia's chinese owners planned to move its manufacturing operations to china, prompting the unprecedented seizure of the company that has sent shock.