Nexperia, a Dutch chipmaker that's found itself at the center of a geopolitical crisis, has denied claims by its former CEO that its Chinese division is now operating as an independent entity.

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.

Based in the Netherlands, the Chinese-owned chipmaker produces components for, among other things, electronic control units (ECUs) used in automobiles. Last week, Dutch authorities took control of the firm under the nation's Goods Availability Act, amid allegations that Nexperia's leadership had pla

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